Fort Worth’s city manager has presented a budget plan for the next fiscal year. Jay Chapa has proposed a $4.4 billion budget for 2025-2026.
The plan would include a $3.1 billion operating budget and $1.4 billion for capital projects. Chapa says the plan would reduce the property tax rate a quarter of a cent to 67 cents per $100 of assessed value.
That would lead to the average homeowner saving $20 next year, but Chapa has also proposed increased fees for water, wastewater, stormwater and trash. He says the average homeowner would pay a total of $37 more next year…