Page 2 - CITY OF AZLE, TEXAS

Filed
Tarrant County Clerk

3:35 pm, Oct 18 2024
Mary Louise Nicholson
CITY OF AZLE, TEXAS by County Clerk
ngorena
FISCAL YEAR 2024-2025 BUDGET

ADOPTED AUGUST 26, 2024

THE FOLLOWING INFORMATION IS REQUIRED BY
STATE OF TEXAS TRUTH-IN-TAXATION LAWS:

This budget will raise more revenue from property taxes than last
year’s budget by an amount of $1,529,327, which is a 17.43

percent increase from last year’s budget. The property tax
revenue to be raised from new property added to the tax roll this

year is $424,709.

The members of the governing body voted on the budget as follows:

FOR: Alan Brundrett, Mayor Randa Goode, Mayor Pro Tem
Derrick Nelson, Place 1 Amy Estes, Place 2
Rouel Rothenberger, Place 5 Brian Conner, Place 6

AGAINST: None

PRESENT and not voting: None

ABSENT: Stacy Peek, Place 3

Property Tax Rate Comparison

2024-2025 2023-2024
Property Tax Rate: $0.6140869/100 $0.5688744/100
No-New-Revenue Tax Rate: $0.5446237/100 $0.5397410/100
No-New Revenue Maintenance & Operations Tax Rate: $0.5026331/100 $0.4897372/100
Voter-Approval Tax Rate: $0.6018780/100 $0.5535492/100
De Minimis Tax Rate: $0.6140869/100 $0.5688744/100
Debt Rate: $0.0816528/100 $0.0466712/100

Total debt obligation for the City of Azle secured by property

taxes: $22,050,000