Show me the money 💰

Breaking down Fort Worth’s 2023 fiscal budget

FTW-skyline-sunrise
What’s on the horizon for Fort Worth? | Photo by @katebranning
The City Council approved the proposed 2023 fiscal budget and property tax rate on Tuesday. The $2.3 billion budget is approximately $2.5 million more than 2022 + focuses on public safety, cleanliness, and growth.

There’s a lot to unpack in the 248-page operating budget that will be active from Sat., Oct. 1, 2022-Sat., Sept. 30, 2023, but we’re here to holler out the highlights.

By the numbers

The city’s operational budget comes from six sources—three governmental funds and three proprietary funds.
  • General fund: $915.3 million
  • Debt service fund: $278.4 million
  • Special revenue funds: $228.8 million
  • Enterprise funds: $668.1 million
  • Internal service funds: $200.3 million
  • Fiduciary funds: $33.7 million
  • Total operating funds: $2.3 billion
FTW-budget-pie-chart

Funding for police and fire accounts for over half of the general fund.

Graphic by the City of Fort Worth

The general fund

The general fund increased by $83.4 million compared to 2022 and includes money for 150+ new city staff positions in various departments. With strategic priorities for safety and cleanliness, infrastructure, growth, workforce, and tax rate reduction; the general fund breaks down as:
  • $491.3 million for public safety
  • $180.6 million for infrastructure
  • $97.6 million for financial growth
  • $83.1 million for community services
  • $7.9 million for legal services
  • $41.2 million for other expenses

Changes for residents

The council has approved a decreased property tax rate of $0.7125 per $100. This is 2% less than last year.

Note: Property tax amount is calculated as
Property tax amount = (tax rate x taxable value of your property)/100

The city also approved an increased environmental fee on monthly water bills by $1 to accommodate more trash and litter removal.

A line-by-line breakdown doesn’t quite fit in your quick morning news. You can check out the full budget report from the city.
Question graphic asking how readers would use the city's budget

Click here to have your event featured.

Today
  • Whiskey Wednesdays | Wed., Sept. 28 | 5-11 p.m. | Kimpton Harper Hotel, 714 Main St. | Cost of purchase | Raise a glass to live music and deals on delicious whiskeys at Refinery 714, the penthouse lounge. No reservations required.
Thursday
  • Music Bingo | Thurs., Sept. 29 | 7-9 p.m. | Cowtown Brewing Co., 1301 E. Belknap St. | Cost of purchase | Relax with a local brew and be your own human jukebox.
Friday
  • Elton John | Fri., Sept. 30 | 8 p.m. | Globe Life Field, Arlington | $140+ | Don’t miss your chance to see Rocket Man on his Farewell Yellow Brick Road final tour.
Saturday
  • Muscadine Bloodline | Sat., Oct. 1 | 8 p.m. | Tannahill’s Tavern and Music Hall, 122 E. Exchange Ave. | $37+ | Come to this Cowtown concert at Mule Alley’s newest music venue.
Sunday
  • Fort Worth Eatz: Food Festival | Sun., Oct. 2 | 12-8 p.m. | Hulen Fashion Center, 5256 S. Hulen St. | $3+ | Bizhior’s Sinful Delights and Gifted hosts the best food vendors in DFW.
We have a monthly guide filled with events + activities you can plan for in advance. Click the button below to bookmark ideas for upcoming date nights, family outings, and time with friends.

For tickets to local and regional events, check out our 6AM Tickets resale marketplace.*
100+ MORE EVENTS

Williams Trew presents FTW Neighborhoods Guide: Downtown 🌇

FTW Neighborhoods Guide: A complete guide to 32 Fort Worth, TX neighborhoods

The next installment of our FTW Neighborhoods Guide — a series in which we’re partnering with Williams Trew to walk y’all through 32 neighborhoods around Cowtown — explores life in downtown Fort Worth. 🏡

Need to know
Home to charming, beautifully restored buildings + residences that stand alongside modern skyscrapers, downtown FTW offers both a friendly ambiance and all the buzz of an urban city.

Plus, there are parks and landmarks galore and the Sundance Square district — a walkable 37-square-block area dotted with:
  • Shopping
  • Restaurants
  • Art galleries
  • Entertainment
  • Offices
  • Residential living
Exterior viehttps://ftwtoday.6amcity.com/ftw-neighborhoods-guide-a-complete-guide-to-32-fort-worth-tx-neighborhoods#downtownw of the Tarrant County Courthouse in Fort Worth, TX.

Standing at the north end of Main St., the Tarrant County Courthouse was completed in 1895 and took over two years to build.

Photo by @thechirowife

Where to live
If you’re itching for urban living + looking to buy in the area, search all the available homes currently on the market, or check out our favs via Williams Trew. 👀
Read on to discover the history of downtown + can’t-miss spots with recs from Williams Trew Real Estate.*
DOWNTOWN DINING, HISTORY + MORE

Weather
  • 90Âș | Sunny | 0% chance of rain
Development
  • The City Plan Commission will hear two potential annexation cases to the west at today’s meeting. If approved, the annexation will allow for the 262 acres off FM3325 and Old Weatherford Road to be zoned for residential and commercial development + 156 townhomes to be developed on 35 acres at Old Weatherford Road and Walsh Drive. 🏘 (Dallas Business Journal)
Civic
  • On Sat., Oct., 1, the Parks & Recreation Department will take over the Alley Maintenance Program from the Neighborhood Services Department. The Alley Maintenance Program oversees the mowing of 1,200+ unpaved alleys each quarter. đŸŒ±
Traffic
Eat
  • Free chicken wings? Yes, please. To promote the opening of its new location, Pluckers Wing Bar is offering free meals from Mon., Oct. 3-Fri., Oct. 7. Stop by the Cityview restaurant — at the corner of City Lake Boulevard and Southwest Loop 820 — from 11 a.m.-1 p.m. + 6-8 p.m. 🍗
Real Estate
  • Addicted to Zillow? Local nonprofit Housing Channel is offering in-personal and virtual classes for first-time homebuyers. The classes cover credit scores, mortgages, and house shopping with HUD-certified counselors available for one-on-one sessions.
Arts
  • Head to the Modern Art Museum on Sat., Oct. 8 at 2:30 p.m. for a book signing. Louisiana painter Jammie Holmes will release his monograph depicting the contemporary life of Black families in the Deep South. 🎹
Festival
Environment
  • After a scalding summer and intense rains, Fort Worth trees are fighting off a caterpillar infestation — particularly on hackberry trees. Read what a forestry expert has to say about the infestation and what residents can do. 🐛 (Fort Worth Star-Telegram)
Trending
  • This weekend, Big Brothers Big Sisters of America brought 62 Uvalde residents to the NASCAR race at Texas Motor Speedway. The race was the beginning of the organization’s effort to increase partnership with Uvalde schools and community centers. 🏎 (The Dallas Morning News)
Number
  • 52,173. That’s how many newsletter subscribers (like you) we reach every day through FTWtoday. Have a local, regional, or national business and want to expand your audience? Learn how to advertise with us.
Pets
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#SquadGhouls đŸ‘»

Are you brave enough for these Fort Worth haunted houses?

FTW-cutting-edge-skyline
The Cutting Edge ghoul has graced the skyline once again. | Photo by @_jrh79
Looking for a howling good time this Halloween? To make this season even more spooktacular, we’re creep-ing it real with a round-up of local haunted houses.

Cutting Edge Haunted House | 1701 E. Lancaster Ave.
  • Fri., Sept. 30-Sat., Nov. 5 | Thurs. 8-10 p.m., Fri.-Sat. 7 p.m.-12 a.m., Sun. 8-10 p.m., Mon. 7:30-10 p.m.
  • Voted USA Today’s “Best Haunted Attraction” in 2021, thrill seekers can experience many terrifying jump scares in this historic meat-packing facility.
Hangman’s House of Horror | 4400 Blue Mound Rd.
  • Fri., Sept. 30-Mon., Oct. 31 | Times vary
  • Hangman’s features a new horror interactive art exhibit + zombie invasion simulation.
Moxley Manor Haunted House | 510 Harwood Rd., Bedford
  • Fri., Sept. 30-Mon., Oct. 31 | Times vary. Check Facebook before you go.
  • This haunted house is inspired by a real-life massacre that occurred in the 1920s.
Six Flags Fright Fest | 2201 E. Road to Six Flags St., Arlington
  • Sat., Sept. 24-Mon., Oct. 31 | 6-11 p.m.
  • Six Flags is hosting its annual Fright Fest featuring six horror attractions through Halloween.
THE WRAP

Today’s issue was written by Kate.

Editor’s pick: Fall has just started but Christmas displays are already going up in stores around town. My favorite Fort Worth holiday tradition is the Parade of Lights — taking place on Sun., Nov. 20.

If you’re interested in being part of the show, applications for floats are open until Fri., Oct. 7. Submit an entry. 💡

Missed yesterday’s newsletter? It’s fall, y’all — celebrate with autumn beverages.
Read More
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Editorial: Rebecca McRobbie, Kate Mazade, Dayten Rose, Emily Shea, Ashlea Hearn, Josh Kranzberg | Send us a scoop, question, or feedback.

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