Page 2 - Proposed Operating Budget FY24
P. 2
Filed
Tarrant County Clerk
CITY OF HURST 8:10 am, Oct 12 2023
Mary Louise Nicholson
ADOPTED OPERATING BUDGET FOR
County Clerk
FISCAL YEAR 2023 – 2024 by ngorena
This budget will raise more total property taxes than last year's
budget by $1,213,739 (a 5.55% increase), and of that amount
$23,007 is tax revenue to be raised from new property added to
the tax roll this year.
RECORD VOTE BY CITY COUNCIL ON THE Fiscal Year 2024 ADOPTED BUDGET
NAME PLACE FOR AGAINST ABSTAIN ABSENT
HENRY WILSON MAYOR The Mayor only votes in the event of a tie
CINDY SHEPARD MAYOR PRO TEM / PLACE 7 X
DAVID BOOE PLACE 1 X
JOHN MILLER PLACE 2 X
CATHY BROTHERTON PLACE 4 X
GARY N. WALDRON PLACE 5 X
JON MCKENZIE PLACE 6 X
TAX RATES FOR FISCAL YEARS 2023 AND 2024
TAX RATE ADOPTED FISCAL YEAR 2023 ADOPTED FISCAL YEAR 2024
PROPERTY TAX RATE 0.614043 PER $100 0.581150
NO-NEW-REVENUE RATE 0.588201 PER $100 0.571686
NEW-NEW-REVENUE M&O RATE 0.504839 PER $100 0.478814
VOTER APPROVAL RATE 0.614043 PER $100 0.581150
DEBT RATE 0.100290 PER $100 0.085578
MUNICIPAL DEBT
The total amount of municipal debt obligations secured by property taxes for the City of Hurst is $50.42
million. Of that amount, $29.225 million is directly secured by and payable form the I&S (debt) property tax
revenue and $21.195 million is secured by property taxes but payable from other revenue sources.
Visit our website at www.hursttx.gov