Budget & Tax Rate Info

Budget & Tax Rate Info

In accordance with LGC 102, the Proposed Fiscal Year 2017-2018 Budget has been filed with the City Secretary's office. A hard copy can be viewed at City Hall and at the Library. You may view an online version by Clicking on the links below: 

Fiscal Year 2017-2018 Budget

Notice of Effective Tax Rate

Statement of Increase/Decrease

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Property Tax Exemptions

 
General Homestead 20.00%
Over 65 Years of Age $50,000
Disabled Person $30,000

Sales Tax:

 
City General 1.00%
Crime Control Prevention District 0.50%
Economic Development 0.25%
Road Repair 0.25%
Texas State 6.25%
TOTAL SALES TAX RATE 8.25%

Helpful Links:

The Tarrant County Tax Office has created informational videos to help the public better Understand Property Taxes and how they are calculated and the meaning of Truth in Taxation

 
 

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IMPORTANT TAX INFORMATION: 

It has come to the City's attention that when the Tarrant County Appraisal District moved to an updated software program, property exemptions "fell off" some accounts. 

Please examine your property tax statement very carefully to verify your homestead, over 65, and/or disability exemptions are still being applied. If you have any questions or concerns, please contact the Tarrant County Appraisal District at 817-284-0024. 

Note, the City cannot intervene regarding your appraisal and final tax bill. The County collects taxes for all entities.

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