The City of Fort Worth adopted a tax rate that will raise more taxes for maintenance and operations than last year's tax rate.
City Council Record Vote
The members of the governing body voted on the adoption of the budget as follows:
For: Mayor Mattie Parker, Councilmembers Carlos Flores, Michael D. Cain, Cary Moon, Gyna Bivens, Jared Williams, Leonard Firestone, Chris Nettles and Elizabeth M. Beck
Against: None
Present but abstained from voting: None
Absent: None
Municipal Property Tax Rates
The municipal property tax rates for the preceding fiscal year, and each municipal property tax rate that has been adopted or calculated for the current fiscal year, include:
| Tax Rate |
Adopted FY 2020-21 |
Adopted FY2021-22 |
| Property Tax |
$0.747500 |
$0.732500 |
| No-New-Revenue Tax Rate |
0.777377 |
0.725928 |
| No-New-Revenue Maintenance and Operations Tax Rate |
0.623529 |
0.589116 |
| Voter-Approval Tax Rate |
0.807134 |
0.822434 |
| Debt Rate |
0.152500 |
0.147500 |
Municipal Debt Obligations
The total amount of outstanding municipal debt obligations (including principal and interest) secured by property taxes is $1,057,816,379.
This cover page and the information it contains are included with the budget as required by the Texas Local Government Code. A PDF version is available online here(PDF, 112KB).
Budget Responses
- Peer Tax Rate Comparison(PDF, 107KB)
- FY 2022 Proposed Fee Adjustments(PDF, 175KB)
- FY2020 Cash, Cash Equivalents and Investments(PDF, 54KB)
- General Fund FY2021 Year-to-Date Budget-to-Actual Revenues and Expenditures(PDF, 184KB)
- Analysis of Property Value Changes and Property Tax Rates(PDF, 492KB)
- Pension Contributions(PDF, 203KB)
- FY2022 Budget Response Log(PDF, 45KB)
- Fund Reserve Requirements(PDF, 3MB)
- 5-Year Budget Trends(PDF, 381KB)
- City Funding for Outside Entities (Non-Profit Organization Funding)(PDF, 31KB)
Resources and Links
- Truth in Taxation form the Comptroller's Office
https://comptroller.texas.gov/taxes/property-tax/truth-in-taxation/
- Database by County - Appraisal districts and local taxing units must publish detailed information online to assist residents with understanding proposed budgets and tax rates. The data must include current and historical information to budgets, tax revenue and tax rates. Property owners can use this information to gain knowledge about and provide feedback on tax proposals.
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