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Fort Worth proposes property tax rate bump, cost cuts to close $94M shortfall for 2027

Fort Worth proposes property tax rate bump, cost cuts to close $94M shortfall for 2027
Photo: Fort Worth Report · view original

Fort Worth is proposing a 3.2-cent raise to the property tax rate to close a projected $94 million shortfall for 2027. The proposed tax rate is 70.2 cents per $100 valuation. City Manager Jay Chapa said Tuesday that the average homeowner would end up paying less in city property taxes next year beca

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