The council kept the city’s property tax rate at 67.25 cents per $100 valuation. The owner of a $300,000 home with a homestead exemption would pay $1,614 in city property taxes. The city estimates this will translate to a $65 increase for the average Fort Worth homeowner.

Amid slowing property value increases and declining revenues, Fort Worth is staying the course in its fiscal year 2025 budget.

FORT WORTH, Texas - The City of Fort Worth approved a $2.79 billion budget on Wednesday. The budget includes pay raises for first responders and minimum wage city employees. It also includes bringing MedStar ambulances in as a city service.

Dallas residents will have a lower tax rate and higher utility fees after the City Council approved the largest budget in the city’s history on Wednesday. The unanimously approved $4.97 billion spending plan goes into effect Oct.