Page 3 - NRH FY20 Approved Capital Budget

Filed
Tarrant County Clerk' Office
Mary Louise Nicholson, County Clerk
2021-09-24 3:41:27 PM
City of

North Richland Hills

Capital Projects Budget

Fiscal Year 2019/2020

This budget will raise more total property taxes than last year’s

budget by $1,939,300 or 6.1 percent, and of that amount
$462,347 is tax revenue to be raised from new property added

to the tax roll this year.

Record Vote of Each Council Member
Name Place For Against Abstain Absent
Oscar Trevino Mayor Votes in the case of a tie
Rita Wright Oujesky Mayor Pro Tem X
Tito Rodriguez Place 1 X
Suzy Compton Place 3 X
Vacant Place 4
Mike Benton Place 5 X
Scott Turnage Place 6 X
Tim Welch Place 7 X

Tax Rate Adopted FY 2018/2019 Adopted FY 2019/2020
Property Tax Rate $0.585000 / $100 $0.572000 / $100
Effective Tax Rate $0.553160 / $100 $0.556143 / $100
Effective M&O Tax Rate $0.307218 / $100 $0.310134 / $100
Rollback Tax Rate $0.589707 / $100 $0.572006 / $100
Debt Rate $0.257912 / $100 $0.237062 / $100

The total amount of municipal debt obligations secured by property taxes for the City of North
Richland Hills is $121,140,000.

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