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2019 city budget approved

Posted Sept. 19, 2018

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

Fort Worth Affordability, Inc.: 5 p.m. Oct. 18, 2018; FWHA Administrative Office Board Room, 1201 East 13th Street.
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Fort Worth Housing Solutions Regular Board Meeting: 5 p.m. Oct. 18, 2018; FWHA Administrative Office Board Room, 1201 East 13th Street.
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Fort Worth Housing Solutions - Katy Station Lofts: 6 p.m. Oct. 18, 2018; FWHS Administrative Office, 1201 East 13th Street.
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FWHS Board of Commissioners Public Meeting: 6 p.m. Oct. 18, 2018; FWHA Administrative Office Board Room, 1201 East 13th Street .
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Minority and Women Business Enterprise Advisory Committee: 11:30 a.m. Oct. 19, 2018; James E. Guinn Building, 1st Floor, PharmaFab Conference Room #116, 1150 South Freeway.
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Neighborhood Litter Stomp: 8 a.m. Oct. 20, 2018; Various.

Crud Cruiser Mobile Waste Collection: 9 a.m. Oct. 20, 2018; Gateway Church, 4205 Basswood Blvd.

Code Rangers: 9 a.m. Oct. 20, 2018; Hazel Harvey Peace Center for Neighborhoods, 818 Missouri Ave.

Responsible Pet Ownership Class (Spanish): 9 a.m. Oct. 20, 2018; Chuck Silcox Animal Care & Adoption Center, 4900 Martin St.

Frontier Fall Fest at Log Cabin Village: 1 p.m. Oct. 20, 2018; Log Cabin Village, 2100 Log Cabin Village Lane.
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Fall Festival at Worth Heights: 6 p.m. Oct. 20, 2018; Worth Heights Community Center, 3551 New York Ave.

Building Standards Commission Pre-Meeting: 9 a.m. Oct. 22, 2018; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.
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Building Standards Commission Meeting: 9:30 a.m. Oct. 22, 2018; Council Chambers, Second Floor, City Hall, 200 Texas Street.
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Ad Hoc Municipal Court Advisory Committee: 11:30 a.m. Oct. 22, 2018; City Managers Conference Room 380, Third Floor, City Hall, 200 Texas Street.
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Trinity Metro Board of Directors Meeting: 3:30 p.m. Oct. 22, 2018; Intermodal Transportation Center, Second Floor, Community Room, 1001 Jones Street.
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Hammond Street Drainage Improvements Project Meeting: 6 p.m. Oct. 22, 2018; Victory Forest Community Center, 3427 Hemphill St.

Bellaire Channel Stormwater Maintenance Project Meeting: 6 p.m. Oct. 22, 2018; South Hills Christian Church, 3200 Bilglade Road.

Senior Spooky Social at Hillside: 10 a.m. Oct. 23, 2018; Hillside Community Center, 1201 E. Maddox Ave.

Audit Committee: 1 p.m. Oct. 23, 2018; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.

City Council Work Session: 3 p.m. Oct. 23, 2018; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.

City Council Meeting: 7 p.m. Oct. 23, 2018; Council Chambers, Second Floor, City Hall, 200 Texas Street.

View the full city calendar and current meetings.