Budget Press Release

Tax Rate Remains Unchanged for FY 2020 Budget

Tarrant County Commissioners will hold a special meeting at 9 a.m. Monday to discuss the proposed  budget for the 2020 fiscal year.

Under the proposed budget, the tax rate would remain unchanged from last year. The proposed tax rate is 6.9% above the effective tax rate but 0.26% below the rollback tax rate.

The average taxable value of a single family residence in Tarrant County increased by 9.14% from $200,524 to $218,850.

The General Fund budget currently stands at $604,768,342, which includes $5 million in contingency funds in case there are changes in revenue estimates. The entire proposed budget can be viewed on the FY 2020 Budget Hearings [outdated link].

The Commissioners Court is scheduled to adopt the budget and set the tax rate on Sept. 10.