Budget & Tax Rate Info
Fiscal Year 2022-2023 Adopted Budget
A 2022 tax rate of $0.475000 per $100 valuation has been adopted by the City of Westworth Village, the same rate as 2021.
PROPOSED TAX RATE $0.475000 per $100
NO-NEW-REVENUE TAX RATE $0.384272 per $100
VOTER-APPROVAL TAX RATE $0.768909 per $100
The no-new-revenue tax rate is the tax rate for the 2022 tax year that will raise the same amount of property tax revenue for the city from the same properties in the 2021 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 2022 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.
Debt Service Repayment Schedule
Notice of Public Hearing - Tax Form 50-876
Adopted Budgets are listed below in accordance with LGC 102 and governmental transparancey:
Fiscal Year 2021-2022 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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