HomeMy WebLinkAboutResolution 6158-09-2025A Resolution
NO. 6158-09-2025
RATIFYING THE PROPERTY TAX REVENUE INCREASE REFLECTED IN THE
FISCAL YEAR 2026 BUDGET, IN ACCORDANCE WITH SECTION 102.007(c) OF
THE TEXAS LOCAL GOVERNMENT CODE
WHEREAS, pursuant to Texas Local Government Code Section 102.007(c) the
adoption of a budget that will require raising more revenue from property taxes than in the
previous year requires a separate vote of the governing body to ratify the increased
property tax revenues reflected in the budget; and
WHEREAS, the Fiscal Year 2026 budget will raise more revenue from property
taxes than the previous year because, despite a decrease in the actual property tax rate
from $0.6725 per $100 value in Fiscal Year 2025 to $0.6700 per $100 value in Fiscal Year
2026, the revenue from the assessment of property taxes will create more revenue than last
year due to new improvements placed on the tax rolls and to increases in appraised values
on pre-existing improvements.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS:
That, the City Council of Fort Worth hereby ratifies the property tax revenue
increase reflected in the Fiscal Year 2026 budget.
Adopted this 16th day of September, 2025.
ATTEST:
Jannette S, Goodall, City Secretary