Budget & Tax Rate Info

Budget & Tax Rate Info

A 2020 tax rate of $0.475000 per $100 valuation has been proposed by the City of Westworth Village, the same rate as 2019.

PROPOSED TAX RATE                  $0.475000 per $100

NO-NEW-REVENUE TAX RATE     $0.428500 per $100

VOTER-APPROVAL TAX RATE      $0.614194 per $100

The no-new-revenue tax rate is the tax rate for the 2020 tax year that will raise the same amount of property tax revenue for the city from the same properties in both the 2019 tax year and the 2020 tax year.

The voter-approval rate is the highest tax rate the city may adopt without holding an election to seek voter approval of the rate.

The proposed tax rate is greater than the no-new-revenue tax rate. This means the city is proposing to increase the revenue raised from property taxes for the 2020 tax year. The proposed tax rate is not greater than the voter-approval tax rate. As a result, the City is not required to hold an election at which voters may accept or reject the proposed tax rate.   However, your input is important and you may express your support for or opposition to the proposed tax rate by attend a public hearing, contacting the council members directly, or contacting the City Secretary.  

For assistance with tax calcluations on your property, please visit the Truth in Taxation website or contact the City Secretary at 817-710-2526 or bbarrett@cityofwestworth.com. 

Fiscal Year 2020-2021 Budget   

 

Adopted Budgets are listed below in accordance with LGC 102 and governmental transparancey:

Fiscal Year 2020-2021 Budget 

Fiscal Year 2019-2020 Budget

Fiscal Year 2018-2019 Budget

Fiscal Year 2017-2018 Budget

Fiscal Year 2016-2017 Budget

Fiscal Year 2015-2016 Budget

Fiscal Year 2014-2015 Budget

Fiscal Year 2013-2014 Budget

Fiscal Year 2012-2013 Budget

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Property Tax Exemptions

 
General Homestead 20.00%
Over 65 Years of Age $50,000
Disabled Person $30,000

Sales Tax:

 
City General 1.00%
Crime Control Prevention District 0.50%
Economic Development 0.25%
Road Repair 0.25%
Texas State 6.25%
TOTAL SALES TAX RATE 8.25%

Helpful Links:

The Tarrant County Tax Office has created informational videos to help the public better Understand Property Taxes and how they are calculated and the meaning of Truth in Taxation

 
 

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IMPORTANT TAX INFORMATION: 

Please examine your property tax statement very carefully to verify your homestead, over 65, and/or disability exemptions are still being applied. If you have any questions or concerns, please contact the Tarrant County Appraisal District at 817-284-0024. 

Note, the City cannot intervene regarding your appraisal and final tax bill. The County collects taxes for all entities.

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