Page 3 - HaltomCityFY25Budget

Filed
City of Haltom City Tarrant County Clerk

Fiscal Year 2024-2025 12:26 pm, Oct 02 2025

Budget Cover Page Mary Louise Nicholson
County Clerk
August 26, 2024 by ngorena

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

budget by an amount of $567,254, which is a 2.61 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 $591,100.

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

FOR: Council Place 1: Kyle Smith Council Place 2: Kyle Hantz
Council Place 3: Ollie Anderson Council Place 4: Scott Lindgren
Council Place 5: Troy Dunn Council Place 6: Dana Coffman
Council Place 7: Don Cooper

AGAINST: None

PRESENT and not voting: Mayor An Truong

ABSENT: None

Property Tax Rate Comparison

2024-2025 2023-2024
Property Tax Rate: $0.580727/100 $0.567283/100
No-New-Revenue Tax Rate: $0.580727/100 $0.546074/100
No-New-Revenue Maintenance & Operations Tax Rate: $0.374646/100 $0.337981/100
Voter-Approval Tax Rate: $0.582382/100 $0.567283/100
Debt Rate: $0.194624/100 $0.195452/100

Total debt obligation for City of Haltom City secured by property taxes: $7,880,000