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Posted on: August 2, 2018

Proposed 2018-19 Fiscal Year budget delivered to Council

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FBTX ~ City Manager Charles Cox has delivered to the City Council a $132 million proposed budget for the upcoming 2018-19 fiscal year that updates and expands facilities, continues to improve City streets and compensates employees for good work - all while trimming the property tax rate for the first time in 35 years.

   Even though voters said 'yes' to a 2-cent increase in the property tax rate with the approval of $15 million in bond packages last November, the proposed budget absorbs that increase with expanding revenue and offers a quarter-cent reduction in the tax rate to 59.9507-cents for every $100 of valuation.

   The proposed budget can be found in hard copy at City Hall, Manske Library and Justice Center or online at farmersbranchtx.gov/budget. 

2018-19 Proposed Budget
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