Page 1 - Hurst Budget FY21
P. 1

Filed
                                                                                    Tarrant County Clerk's Office
                                                                                    Mary Louise Nicholson, County Clerk
                                                                                    2021-09-27   9:38:49 AM
                                                       City of Hurst


                                   Annual Budget Plan and Municipal Services

                                                Fiscal Year 2020‐2021


                 Section 102.007, of the Local Government Code, requires that the

                 following notice be posted with the City's Approved Budget:

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

                 by an amount of $1,023,102, which is a 5.38 percent increase from last
                 year's budget. The property tax revenue to be raised from new property
                 added to the tax roll this year is $99,832.


                                               Record Vote of each Councilmember
                            Name                      Place                 For         Against Abstain Absent
                Henry Wilson                  Mayor                            Votes in case of a tie
                Jon McKenzie                  Place 6/Mayor Pro Tem
                David Booe                    Place 1
                Larry Kitchens                Place 2
                Cathy Thompson                Place 4
                Bill McLendon                 Place 5
                Jon McKenzie                  Place 6
                Cindy Shepard                 Place 7

                           Tax Rate           Adopted FY 2019/2020  Adopted FY 2020/2021
                Property Tax Rate                $0.597299/$100       $0.625159/$100
                No‐New‐Revenue Tax Rate          $0.544839/$100       $0.606234/$100
                No‐New‐Revenue M&O Tax Rate      $0.478236/$100       $0.504186/$100
                Voter‐Approval Tax Rate          $0.597299/$100       $0.625159/$100
                Debt Rate                        $0.119063/$100       $0.120973/$100

                The total amount of municipal debt obligations secured by property taxes for the City of Hurst is  61.77 million.
                Of that amount 34.68 million is directly secured by and payable from I&S property tax revenue and 27.09 million
                is secured by property taxes but payable from other revenue sources.
                                              Visit our website at: www.hursttx.gov
                                                   FYE 9.30.20
                         General Fund                      34,680,000
                          Enterprise                        8,180,000
                            HCDC                           14,340,000
                             HOT                          4,570,000


                                                          61,770,000         27,090,000
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