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Dallas manager recommends $5.2 billion fiscal 2026 budget with small property tax cut, utility increases
Summary
City Manager Kimberly Beiser Tolbert’s recommended fiscal 2026 budget, presented by Director of Budget and Management Services Jeanette Wheaton, proposes a balanced $5.2 billion plan that lowers the city tax rate by half a cent, funds 350 new police recruits, raises utility fees, advances a $1.25 billion bond program, and sets council adoption dates in September.
City of Dallas Director of Budget and Management Services Jeanette Wheaton on Thursday presented City Manager Kimberly Beiser Tolbert’s recommended fiscal 2026 budget, calling it a balanced $5.2 billion proposal that aims to invest in public safety, infrastructure and services while reducing the city property tax rate.
"The total recommended budget for fiscal year 26 is balanced and totals 5,200,000,000.0, investing in priority programs and people," Wheaton said, noting the operating budget includes a $1.97 billion general fund to pay for police, fire, parks and code enforcement.
The proposal would lower the city tax rate by one-half cent, from 70.47 cents to 69.97 cents per $100 of valuation, marking the tenth consecutive year of property tax relief from the manager’s recommendations. Wheaton said property tax…
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