CITY COUNCIL BUDGET WORKSESSION, August 11, 2026
Votes on FY2027 recommended budget and proposed tax rate increase to 70.2 cents
What happened
The Fort Worth City Council held a budget work session on the FY2027 recommended budget; no votes were taken and no zoning or development items were decided. City Manager Jay Chapa recommended raising the property tax rate from 67 cents to 70.2 cents per $100 valuation.
- Jurisdiction
- Fort Worth, TX
- Governing body
- Final authority
- Date
- August 11, 2026
- Decisions
- 1 zoning decision
- Outcome
- Voted
Free sample: decision 1 of 1
FY2027 recommended budget and proposed tax rate increase to 70.2 cents
Staff presented the recommended FY2027 budget. The general fund totals $1.15 billion, up 4.6%; the total budget is $4.35 billion, including $3.3 billion operating and $1.03 billion CIP.
Meeting Summary
The Fort Worth City Council held a budget work session on the FY2027 recommended budget; no votes were taken and no zoning or development items were decided. City Manager Jay Chapa recommended raising the property tax rate from 67 cents to 70.2 cents per $100 valuation.
Key Decisions (1)
FY2027 recommended budget and proposed tax rate increase to 70.2 cents
Market Signals (5)
Housing Demand
Fort Worth added over $2 billion in new value to…
Commercial Demand
The Economic Development Incentive Fund contribution is cut 90% to…
Infrastructure
PAYGO capital is reduced by $2.8 million, and the next…
Who Spoke (13)
On the record: 6 councilmembers and 2 staff members.
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