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Budget committee backs Dallas Urban Renewal Agency 2025–27 biennial budget, recommends maximum tax levy
Summary
The City of Dallas Budget Committee voted to recommend the Dallas Urban Renewal Agency adopt a two‑year 2025–27 budget that continues work in the Downtown and South Dallas districts and to levy the maximum property tax allowed under law.
The City of Dallas Budget Committee voted to recommend that the Dallas Urban Renewal Agency Board of Directors adopt a 2025–27 biennial budget and to levy the maximum amount of property taxes allowed under the law.
The recommendation follows a presentation by Brian, a city budget staff member, who told the committee that “City staff is proposing for the Urban Renewal Budget to go to a 2 year budget cycle,” meaning the committee would authorize appropriations for two fiscal years instead of one. The downtown and South Dallas urban renewal districts will both continue to collect taxes and fund local projects, Brian said.
The committee heard details for the Downtown Urban Renewal Fund: staff estimate $495,000 in property tax revenue over…
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