Page 2 - Report

Filed
Tarrant County Clerk
11:05 am, Oct 15 2024
Mary Louise Nicholson
City of Blue Mound by County Clerk
Budget Cover Page ngorena
This budget will raise less revenue from property taxes than last year's budget

by $.64. The property tax revenue to be raised from new property added to the
tax roll this year is $1,754.00.

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

FOR: Mayor Darlene Copeland, Monica Machietto, Paul Lennox, Edgar Valencia, Elsie Bravo
AGAINST: Edgar Valencia, Elsie Bravo
PRESENT and not voting:
ABSENT: Fred Smith
Property Tax Rate Comparison
2024-2025 2023-2024
Property Tax Rate: $0.722033/$100 $0.681745/$100
No-New-Revenue Tax Rate: $0.722033/$100 $0.321151/$100
No-New-Revenue Maintenance & Operations Tax Rate $0.663594/$100 $0.436341/$100
Voter-Approval Tax Rate: $0.750588/$100 $0.502259/$100
Debt Rate: $0.058439/$100 $0.050647/$100
De Minimis Rate: $0.932873/$100 $0.681745/$100

Total debt obligation for City of Blue Mound secured by property taxes: $147,057.00
The following table compares the taxes imposed on the average residence homestead by the City of Blue Mound last
year to the taxes proposed to be imposed on the average residence homestead by the City of Blue Mound this year:

2023 2024 Change
Total Tax Rate (per $100 of Value) $0.681745 $0.722033 5.91%

Average Homestead Taxable Value $ 158,150.00 $ 175,594.00 Increase of
$17,444.00, or 11.03%

Tax on Average Homestead $ 1,075.42 $ 1,267.85 Increase of $192.43,
or 17.89%
Total Tax Levy on All Properties $ 1,753,363.00 $ 1,753,362.36 decrease of $.64 or 0%

For assistance with tax calculations, please contact the tax assessor for the City of Blue Mound at 817-884-1100 or
tnt@tarrantcountytx.gov, or visit https://taxonline.tarrantcounty.com/TaxPayer/landing-page-en-us for more
information