Page 3 - WestworthVillageFY25ApprovedBudget

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Ad Valorem Tax Rate legal notice

This budget is based on no change to the ad valorem tax rate of $0.475 per $100 of valuation.
More revenue will be raised due to new properties coming onto the tax rolls and increased
valuation from redeveloped properties.

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

budget by $152,582, and of that amount $61,933 is tax revenue

raised from new property added to the tax roll this year.

a) the property tax rate; $0.475 (same as prior year)
b) the no-new-revenue tax rate; $0.453492
c) the no-new-revenue maintenance and operations tax rate; $0.28236
d) the debt rate; and $0.17113
e) the voter-approval tax rate; and $0.607017
f) the de minimis rate: $0.565496
g) fiscal year debt service amount of $897,542

On September 17 council members voted as follows on the adoption of this budget:
th
For Against
Phillip Poole _ X _ ____
Immy Khan _ __X_
Teddy Berdan _ X _ ____
Robert Fitzgerald _ X _ ____
Halden Griffith _ X _ ____

The city offers ad valorem tax exemptions and encourages all citizens to use them.

Property Tax Exemptions include:
General Homestead – 20%
Over age 65 - $50,000
Disable Person - $30,000
Military Veteran – up to $12,000

If you need assistance or have questions about your tax bill, contact:

Tarrant Appraisal District Tarrant County Tax Assessor/Collector
Joe D. Bobbitt Wendy Burgess
2500 Handley-Ederville Road 100 E. Weatherford Street
Fort Worth, TX 76118-6909 Fort Worth, TX 76196
817-284-0024 817-884-1100
www.tad.org www.tarrantcounty.com/en/tax.html

www.cityofwestworth.com