Page 3 - CityofKellerFY25Budget
P. 3

Filed
                                                                                      Tarrant County Clerk
                                                                                    5:29 PM, October 1, 2025
                                                                              Mary Louise Nicholson, County Clerk
                                                                                          By: NGorena


               As required by Section 102.007 of the Local Government

               Code, the City of Keller is providing the following statement
               on this cover page of its adopted budget:





               This  budget  will  raise  more  revenue  from  property  taxes

               than last year's budget by an amount of $106,345 which is
               a 0.4 percent increase from last year’s budget. The property

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

               roll this is $243,653.

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


               FOR: Mayor Armin Mizani, Mayor Pro Tem Ross McMullin, Shannon Dubberly, Greg Will,
                      Karen Brennan, Tag Green
               AGAINST: None
               PRESENT and not voting: None
               ABSENT: Chris Whatley


               The Adopted Budget is based upon a tax rate of $0.29112

               per  $100  of  valuation  which  is  6.69%  lower  than  the  FY
               2023-24 tax rate.  Below is a breakdown of tax rates and

               changes from FY 2021-22 to FY 2024-25.




                      Tax Rate             FY 2021-22       FY 2022-23       FY 2023-24       FY 2024-25
                     (Per $100)
                       Adopted              $0.39500         $0.35450         $0.31200        $0.291120
                 No New Revenue             $0.40622         $0.36028         $0.31977         $0.29855
                   Voter-Approval           $0.40626         $0.37456         $0.33245        $0.347005
                     Homestead                 20%              20%              20%              20%
                     Exemption












                                                              1
   1   2   3   4   5   6   7   8