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Farmers Branch touts AAA ratings, low tax rate and new facilities in State of the City
Summary
Mayor Dodd presented a State of the City report highlighting the lowest tax rate in 41 years, AAA bond ratings, the new Star Center and investments in parks, affordable housing and infrastructure.
Mayor Dodd opened Farmers Branch’s annual State of the City by calling for teamwork on the council and outlining projects the city said defined 2024 and set priorities for 2025. "Farmers Branch has so much potential," Dodd said, introducing a video that summarized the administration’s achievements.
The city said it delivered its lowest tax rate in 41 years and earned AAA bond ratings from both Fitch Ratings and S&P Global, putting Farmers Branch among a small group of Texas cities with that rating. City leaders said those results reflect a…
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