Fort Worth Approves $3 Billion Budget with 67-Cent Tax Rate

Fort Worth City Council members adopted a $3 billion budget on Tuesday, lowering property taxes and increasing city service fees for the next fiscal year. The tax rate was reduced from 67.25 cents to 67 cents per $100 of assessed value, resulting in lower average homeowner’s tax bills by about $20 per year.

The new budget prioritizes five key areas: economic development, community investment, community safety, responsible growth, and organizational changes. Police and fire departments will receive significant funding, with nearly $460 million allocated to police and $226.8 million for the fire department. Emergency medical services will also be expanded, costing nearly $90 million.

In addition to these priorities, Fort Worth will spend money on transportation improvements, park development, and infrastructure upgrades in historically underserved neighborhoods. However, some services have been eliminated or suspended due to budget constraints, including funding for a diversity and inclusion department.

The approved tax rate is the lowest in over three decades, reflecting the city’s commitment to providing essential services while managing costs. Mayor Mattie Parker praised the council’s decision, saying it reflects the priorities of the city and its residents.

Source: https://fortworthreport.org/2025/09/16/fort-worth-council-cuts-tax-rate-increases-service-fees-for-homeowners-in-2026-budget