Page 8 - FY 2024-25 ADOPTED BUDGET

CITY OF BENBROOK

FY 2024-25 BUDGET

This budget will raise more total property taxes than last year's

budget by $906,164 and 4.86%, and of that amount $389,355 is tax

revenue to be raised from new property added to the tax roll this

year.

FOR: Mayor Jason Ward, Councilmember Renee Franklin,

Councilmember Larry Marshall, Councilmember Dustin

Phillips, Councilmember Gary Addison, Councilmember

Laura Mackey, Councilmember Keith Tiner

AGAINST:

PRESENT and not voting:

ABSENT:

Property Tax Rate Comparison FY 2024-25 FY 2023-24

Tax Rate $0.555000 $0.565000

No-New-Revenue Tax Rate $0.559066 $0.522509

No-New-Revenue M&O Tax Rate $0.521671 $0.505414

Voter-Approval Tax Rate $0.615358 $0.572652

Debt Tax Rate $0.035700 $0.039000

Total debt obligation for City of Benbrook secured by property

taxes is $1,193,744.

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