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Fort Worth adopts FY2026 budget and lowers tax rate by a quarter-cent; average homeowner to save about $20
Summary
The City Council approved the fiscal year 2026 budget and set a property tax rate of 67 cents per $100 of taxable value, a quarter-cent reduction from 2024. Council called the change a modest tax relief; staff and council discussed revenue trade-offs and the effect on the typical homeowner.
The Fort Worth City Council approved the city's fiscal year 2026 budget and adopted a property tax rate of 67 cents per $100 of taxable value during its Sept. 16 meeting.
Council Member Flores, who moved the tax ordinance, noted the adopted rate is a reduction of one-quarter cent from 2024, when the city's tax rate was 67.25 cents per $100. "When combined with changes in property values, the average homestead's tax bill for 2025 is projected to be about $20 less than in 2024," Flores said as she introduced the motion adopting the tax rate ordinance.
Nut Graf: Council debated and…
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