city of fort worth, texas fiscal year 2023-2024 annual budget
BudgetAI Summary
The City of Fort Worth's Fiscal Year 2023-2024 Annual Budget represents a 9.2% increase in property tax revenue compared to the previous year, raising an additional $65,264,597, with $21,759,142 of that revenue derived from newly added properties on the tax roll. The budget document includes organizational information, executive messaging, and detailed processes and policies for budget implementation. The budget received the GFOA Distinguished Budget Presentation Award.
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More budgets from Fort Worth
- Budget
The City of Fort Worth adopted its Fiscal Year 2024-2025 Annual Budget, which increases property tax revenue by $11,601,369 (1.58 percent) compared to the previous year, with an additional $25,987,428 expected from newly added properties. The City Council unanimously approved the budget with all 11 members voting in favor. The municipal property tax rate remains unchanged at $0.672500, while the total outstanding municipal debt obligations secured by property taxes stands at $1,335,366,771.
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