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2019 city budget approved

Posted Sept. 19, 2018

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The Fort Worth City Council approved a $1.72 billion operating budget on Sept. 18 that continues to focus on sustainable solutions while also decreasing the property tax rate.

The budget is an increase of 2.51 percent over the fiscal year 2018 adopted budget. The budget includes 82 net new positions.

The recommended budget includes these achievements:

  • Lowers the property tax rate by two cents.
  • Increases cash funding dedicated to capital projects, including funds for street maintenance and repair, funds to improve neighborhood vitality and safety, and additional funds for park maintenance and improvements.
  • Staffs new facilities approved by voters in the 2014 bond program: the Golden Triangle Library in far north, Fire Station 43 in far west and new parks.
  • Makes the city’s employee pension plan more sustainable. The recommended budget includes adding $10.2 million in the General Fund for the pension. That number represents 3 percent of the general fund payroll.
  • Adjusts the 2019 budget by $5.5 million for police budget fixes.
  • Emphasizes priority initiatives such as improving the Las Vegas Trail neighborhood, a disparity study for the Minority Business Enterprise program, implementing the Economic Development Strategic Plan, and increased staffing the for Planning & Development Department.
  • Continues the practice of not using reserves to balance the budget.

Tax rate decrease

The Council lowered Fort Worth’s property tax rate by 2 cents, from 80.5 cents per $100 valuation to 78.5 cents. The reduction is needed to help Fort Worth compete with other cities to attract new businesses.

The owner of a home valued at $221,800 with a homestead exemption will pay $1,393 in city property taxes.

One cent of the tax rate is worth about $6.2 million to the city’s budget.

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Calendar

Canceled Collective Bargaining Negotiations with the International Association of Fire Fighters, Local Union 440: 9 a.m. April 22, 2019; IAFF Local 440 Office, 3855 Tulsa Way.
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Building Standards Commission Pre-Meeting: 9 a.m. April 22, 2019; City Hall, City Council Conference Room 290, 200 Texas Street.
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Building Standards Commission Meeting: 9:30 a.m. April 22, 2019; City Hall, Council Chamber, 200 Texas Street.
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Trinity Metro Board of Directors Meeting: 3:30 p.m. April 22, 2019; Fort Worth Central Station, 2nd floor Community Room, 1001 Jones Street.
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Northside Area Community Meeting: 6:30 p.m. April 22, 2019; Northside Community Center, 1100 NW 18th St.

Northside Area Community Meeting: 6:30 p.m. April 22, 2019; Northside Community Center, 1100 NW 18th St.

Collective Bargaining Negotiations with the International Association of Fire Fighters, Local Union 440: 9 a.m. April 23, 2019; IAFF Local 440 Office, 3855 Tulsa Way.
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Residential Board of Adjustment Special Called Meeting Work Session: 9 a.m. April 23, 2019; City Hall, Second Floor, City Council Chamber, 200 Texas Street.
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Residential Board of Adjustment Special Called Meeting Public Hearing: 10 a.m. April 23, 2019; City Hall, Second Floor, City Council Chamber, 200 Texas Street.
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Canceled City Council Work Session: 3 p.m. April 23, 2019; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.

Civil Service Commission: 6 p.m. April 23, 2019; Bob Bolen Public Safety Complex Auditorium, 505 West Felix Street.
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How to Form an LLC or Corporation in One Day in Texas: 6:45 p.m. April 23, 2019; SCORE Conference Room at the Business Assistance Center, 1150 South Freeway.
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Canceled City Council Meeting: 7 p.m. April 23, 2019; City Council Chambers, Second Floor, City Hall, 200 Texas Street.

Metropolitan Area EMS Authority: 10 a.m. April 24, 2019; MedStar Mobile Healthcare, 2900 Alta Mere Drive.
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City Plan Commission Work Session: noon April 24, 2019; City Hall, second floor, Council Conference Room 290, 200 Texas Street.
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City Plan Commission Public Hearing: 1:30 p.m. April 24, 2019; City Plan Commission Public Hearing, 200 Texas Street, 2nd floor, Council Conference Room 290.
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Park and Recreation Advisory Board: 4 p.m. April 24, 2019; Thomas Place Community Center, 4237 Lafayette Avenue.
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South Wayside Area Sewer Improvements Project Meeting: 6:30 p.m. April 24, 2019; Victory Forest Community Center, 3427 Hemphill St.

Quickbooks Online: 8:30 a.m. April 25, 2019; SCORE Conference Room at the Business Assistance Center, 1150 South Freeway.
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Fort Worth Public Improvement District #14 Advisory Board Meeting: 9 a.m. April 25, 2019; Downtown Fort Worth Inc. Offices, 777 Taylor Street, Suite 100.
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Urban Design Commission Special Called Public Hearing: 10 a.m. April 25, 2019; City Hall, 2nd floor, Council Chamber, 200 Texas Street.
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Financial Statements Basic for Small Businesses: 11:30 a.m. April 25, 2019; SCORE Conference Room at the Business Assistance Center, 1150 South Freeway.
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Eagle Mountain Sewer Diversion Line Project Meeting: 6:30 p.m. April 25, 2019; Lake County Church, 8777 boat Club Road.

Building Out a Successful Sales Program in 2019: 9 a.m. April 26, 2019; SCORE Conference Room at the Business Assistance Center, 1150 South Freeway.
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View the full city calendar and current meetings.