Fort Worth resets as tax rolls come in lower than projected, spiking shortfall for 2027

City staff recently shared budget updates with the council. A significant shortfall is expected for 2027. The city's financial situation has changed due to lower than anticipated property valuations.

Lower growth in tax rolls has impacted the city's budget projections. The council is considering options to address the shortfall. Further details about the city's budget and potential solutions are available from the city staff's recent report to the council.