Page 8 - HaltomCityFY26Budget

Haltom City (according to the State Comptroller) is in the top 100 out of 1,225 Texas cities in producing
sales tax revenue. Sales and Use revenue have continued to increase and the new businesses have
brought many new jobs and new residents to our community over the past several years. Commercial and
residential developments will continue to produce increased revenues for both property tax and sales tax
and supply the necessary revenues to meet the City Council’s strategic goals.

Each budget decision is in accordance with the City Council’s 2025-2026 Strategic Goals listed below:

» Goal 1: Continue to Cultivate the Commercial and Residential Development Plan for a successful
Economic Development Environment and approval of the TIRZ 2 Zone

» Goal 2: Establish and maintain Competitive Employee Compensation to Retain and Attract High
Quality and Diverse Staff while maintaining a Relationships-Driven Culture along with other
incentives such as alternative work schedules, increased number of paid holidays, etc.

» Goal 3: Promote and Support Safety and Security within Our Community while providing Quality
Services and increase safety in and around our schools.

» Goal 4: Practice Fiscal Responsibility while Utilizing Performance Measures

» Goal 5: Build and Maintain Partnerships with Non-Profit Sector to Advance the Revitalization and
Beautification of the City

» Goal 6: Address Critical Facility & Infrastructure Needs

» Goal 7: Implement Innovation Technology Solutions for Security and Performance

Again, on behalf of the staff, we want to thank you for your support, direction, confidence, and guidance
during the budget process. As always, we discuss our budget needs to maintain and improve city service
levels in publicly posted budget workshops and conduct required public hearings for adopting the budget
and setting the tax rate. Some specific topics that formed this budget are:

• Strategic Goals
• Tax Rate

• Overall Fiscal Responsibility

• Economic Development and Revitalization
• Attracting/Retaining Employees with Competitive Compensation/Benefits

• Infrastructure Improvements and Maintenance