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CITY OF HALTOM CITY








                 September 9, 2025


                 To The Honorable Mayor An Truong and Members of the City Council



                 Re: The Adopted Annual Budget Draft for Fiscal Year 2025-2026



                 First, let me express appreciation and respect to you as a City Council. It is an honor to serve as your city
                 manager. Our staff is thankful for your support, guidance, dedication, and direction. We also admire your
                 passion and tireless effort to continuously improve the quality of life for all those who live, work, and visit
                 Haltom City.



                 Our economic success has continued to grow over the last several budgets. We have been experiencing
                 a true comeback story in terms of community prosperity. We have been able to significantly drop the
                 tax rate and debt rate over the last several years while improving the service needs of our city. This is
                 especially remarkable considering the recent construction of our new city hall, law enforcement center,
                 North Park, senior center remodel, fire station #3, numerous streets, and other capital projects.



                 Our progress continues to move at a more rapid pace than any of us anticipated. Our revenue increases
                 for sales tax and development fees have helped offset expenses, and new development property values
                 have broadened our tax base which has helped lighten the tax burden of our residents.




                 The  City  Council’s  Value  Statements  of  dependability,  integrity,  responsiveness,  respectfulness,  and
                 accountability are who we, as a city, strive to be every day and these values drive our budget initiatives.




                 As always, in this budget year we will continue to focus on our strategic three-pronged approach of
                 attracting job-creating businesses, increasing new residential housing, and holding to development and
                 code standards to facilitate prosperous economic growth.



                 As you know, earlier in this budget period we were awarded the highest credit/bond rating in our city’s
                 history! This was a monumental accomplishment which will save the city millions of dollars in the future.
                 This was accomplished  because of fiscally responsible  policies and practices, maintaining responsible
                 fund balances, creating increased revenues through record economic development, political stability, and
                 strong management and oversight.
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