Page 53 - FY 2024-25 ADOPTED BUDGET
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July 25 City receives final assessed valuation totals from Tarrant Appraisal District (TAD).
August 15 City Council accepts the 2024 Certified Appraisal Rolls, sets anticipated Property Tax
Collection Rate, and appoints Tarrant County to calculate and publish the No-New-Revenue
Tax Rate and the Voter-Approval Tax Rate.
August 15 Proposed Budget is presented by City Staff to City Council in a work session open to the
public and City Council holds work session on the 2024-25 Budget.
August 28 Notice of the Public Hearing on the Proposed Budget and Proposed Tax Rate are published
in the official newspaper. Summaries of the Proposed Budget and Notice of No-New-
Revenue and Voter-Approval Tax Rates are published.
August 28 Finance Director publishes the No-New-Revenue and Voter-Approval Tax Rates in the official
newspaper.
September 5 Public Hearing is conducted on the Proposed Budget and Tax Rate (Copies of a Budget
Summary are made available to all attendees).
September 11 Notices of the Adoption of the 2024-25 Budget Ordinance is published in the official
newspaper. A summary of the Proposed Budget is available on City’s website.
September 19 City Council adopts the 2024-25 Budget and Tax Rate.
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