FY2026 Budget
BudgetMore budgets from Fort Worth
The City of Fort Worth's Fiscal Year 2023-2024 Annual Budget increases property tax revenue by $65,264,597, representing a 9.2% increase compared to the previous year's budget, with $21,759,142 of this revenue coming from newly added properties on the tax roll. The 210-page budget document includes organizational information, strategic vision, budget development processes, and policies for the city's operating budget. The budget presentation received the GFOA Distinguished Budget Presentation Award.
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The City of Fort Worth, Texas FY2025-2026 Annual Budget projects a property tax revenue increase of $25.7 million (3.37 percent) compared to the previous year, with $21.1 million attributed to newly added property. The adopted tax rate for FY2026 is $0.6700 per $100 of assessed valuation, down slightly from the current FY2025 rate of $0.6725. The budget also itemizes lobbying expenses of $380,000 and public notice expenses of $99,659 for FY2026, representing decreases in lobbying costs but an increase in public notice spending compared to FY2025 preliminary figures.
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The City of Fort Worth adopted its FY2020 budget with a property tax revenue increase of $46.7 million (8.8 percent) from the previous year, with $16.2 million from new properties added to the tax roll. The municipal property tax rate decreased from $0.785000 to $0.747500, while total outstanding municipal debt obligations secured by property taxes totaled $827.9 million. The budget passed with a 5-3 vote, with Mayor Betsy Price and four councilmembers voting in favor and three voting against.
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