Page 1 - Microsoft Word - FY 2025 Proposed Budget Document

Filed
Tarrant County Clerk

1:40 pm, Oct 04 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
Against: N. Hunter, A. Piel

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