Page 1 - FY 2025 Adopted Operating Budget and Business Plan
P. 1

Filed
                                                                                             Tarrant County Clerk

                                                                                               4:19 pm, Dec 30 2024
                                               City of Arlington                            Mary Louise Nicholson

                                        FY 2025 Adopted Budget                                   County Clerk
                                                                                         by          ngorena
                                                     Cover Page


               This budget will raise more revenue from property taxes than

               last year’s budget by an amount of $12,408,219, which is a

               5.74%, increase from last year’s budget.  The property tax

               revenue to be raised from new property added to the tax roll
               this year is $3,626,198.



               Record vote
               For:                                J. Ross, M. Galante, R. Gonzalez, R.

                                                   Boxall, L. Pham, B. Odom-Wesley,
                                                   B. Hogg






                 City of Arlington Property Tax Rates
                       per $100 of assessed valuation                         FY 2024           FY 2025

                 Property tax rate                                           $0.589800  $0.599800

                 No New Revenue Rate                                         $0.533600  $0.575572

                 NNR Maintenance & Operations rate                           $0.355496  $0.394397
                 Voter Approval tax rate                                     $0.642500  $0.620991

                 Debt rate                                                   $0.181800  $0.185200


               Total amount of City of Arlington debt obligations:


               $76,640,328
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