Cities Approve Budgets for Upcoming Fiscal Year
Cities Approve Budgets for Upcoming Fiscal Year
Cities Approve Budgets for Upcoming Fiscal Year
News summary

Several cities in Texas and Indiana have recently approved their budgets for the upcoming fiscal year. Fort Worth passed a $2.79 billion budget with emphasis on pay raises for first responders and city employees, maintaining the same tax rate despite rising property values. Dallas approved a $4.97 billion budget, which includes a notable property tax cut, increased homestead exemptions, and additional funding for police and fire departments. San Antonio is in the final stages of approving its budget, focusing on amendments for housing assistance and other allocations. Beaumont approved a budget with a $3.5 million deficit to be covered by its rainy day fund, including fee increases for water and sewer services. Jeffersonville passed its $65 million budget after debates on funding police and fire contracts, and potential changes to address a general fund deficit.

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