Page 2 - RichlandHillsFY24ProposedBudget
P. 2

City of Richland Hills


                                 Proposed Annual Budget Fiscal Year 2024





            The proposed budget will raise more property taxes than last
            year’s budget by $609,233 or 14.4% percent and of that amount

            $2,835 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
            Edward Lopez                       Mayor                          X
            Douglas Knowlton                   Councilmember (Place 1)        X
            Travis Malone                      Councilmember (Place 2)        X
            Theresa Bledsoe                    Councilmember (Place 3)        X
            Javier Alvarez                     Councilmember (Place 4)        X
            G. W. Estep                        Mayor Pro Tem (Place 5)        X
            Roland Goveas                      Councilmember (Place 6)        X




            Tax Rate                           Adopted FY 2023                           Proposed FY 2024
            Property Tax Rate                  $0.538885/$100                             $0.522689/$100
            No New Revenue Tax Rate            $0.517570/$100                             $0.459704/$100
            No New Revenue M&O Tax Rate  $0.375531/$100                                   $0.349471/$100
            Voter Approval Tax Rate            $0.540096/$100                             $0.522691/$100
            Debt Rate                          $0.125257/$100                             $0.160989/$100



            The total amount of municipal debt obligations secured by property taxes for the
            City of Richland Hills is $13,291,750.
   1   2   3   4   5   6   7