Dallas City Council approves budget that delivers tax relief for residents

(Special to The Dallas Examiner) – With the focus of “Reimagining and Realigning for Results,” the Dallas City Council unanimously adopted the city of Dallas’ budget and tax rate for FY 2024/25 during its Sept. 18 meeting. The new budget goes into effect Oct. 1. The Fiscal Year 2024-25 operating and capital budget totals $4.97 billion including the General Fund, Enterprise Funds, Debt Service, Capital, Grants, Trust and Other Funds. Of that total, the General Fund is $1.9 billion, which is $65.1 million, or 3.5% more than the budget adopted by the City Council September 2023.Public Safety remains a top priority for the city. The combined budget for the Dallas Police Department and Dallas Fire Rescue increased by $78 million to fulfill commitments made to our first responders. It also includes $202.5 million for the Dallas Police and Fire Pension Fund. This budget reflects a reimaging of service delivery, including eliminating duplications, identifying efficiencies, and other measures that do not significantly affect service to residents.Related Stories With continued growth in property values, this budget includes a property tax rate reduction for the ninth year in a row by 3.10 cents. The property tax rate reduction for FY 2024-25 is the...