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Dallas proposes balanced $5.2 billion FY2026 budget with modest tax cut, police hires and utility rate increases
Summary
City staff presented a recommended FY2026 budget totaling about $5.2 billion, including a $1.97 billion general fund, a half-cent reduction in the city property tax rate, funding to hire 350 police recruits, a $952.7 million capital program, and modest utility rate increases. Council consideration is set for early September.
City of Dallas budget staff presented a recommended fiscal year 2026 spending plan they say is balanced and focused on public safety, sustainability and core services.
"El presupuesto total recomendado para el año fiscal 26 está equilibrado y asciende a 5.2," Iván Guel, Deputy Director of Budget and Administrative Services, said while reviewing the proposal. The recommendation, submitted by the city manager, would allocate roughly $1.97 billion to the general fund and about $952.7 million to capital investments.
Guel said the recommended city tax rate would fall from 70.47 cents to 69.97 cents per $100 of assessed value — described in the presentation as a half-cent reduction and the tenth consecutive year of tax relief in the manager’s…
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