Page 3 - Westworth Village FY21 Budget

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Ad Valorem Tax Rate

tax rate
This budget is based on no change to the ad valorem
of $0.475 per $100 of valuation. More revenue will be raised

due to new properties coming onto the tax rolls and increased

valuation from redeveloped properties.

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

budget by $220,013, and of that amount $119,511 is tax

revenue raised from new property added to the tax roll this year.

The city offers ad valorem
tax exemptions and encourages all
citizens to use them:

City 2020 Homestead Exemption >65

Arlington 20%; Min $5,000 $60,000

Westworth Village 20%; Min $5,000 $50,000

Fort Worth 20%; Min $5,000 $40,000
White Settlement 20%; Min $5,000 $37,000

Sansom Park 1%; Min $5,000 $20,000

River Oaks - $15,000

Westover Hills - $0

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