Page 3 - City of Fort Worth Budget Book
P. 3
Filed
Tarrant County Clerk
11:15 am, Oct 07 2024
CITY OF FORT WORTH, TEXAS Mary Louise Nicholson
FISCAL YEAR 2024-2025 County Clerk
by
ANNUAL BUDGET ngorena
As required by section 102.005 (b) of the Texas Local Government Code, the City of
Fort Worth is providing the following statement on this cover page of its recommended
budget:
This budget will raise more revenue from property taxes than last year’s budget by an
amount of $16,918,339, which is a 2.31 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
$26,172,914.
The amounts above are based on the City’s recommended FY2025 tax rate of $0.6773
per $100 of assessed valuation. The City’s FY2024 tax rate (the current tax rate) is
$0.6725 per $100 of assessed valuation.
