Hurst property owners will see a 3.34% increase in their property tax rate for the fiscal 2025-26 year, after the Hurst City Council approved a new budget Aug. 26.
Additionally, the council approved a 2% rate increase in water and wastewater rates for the new year at the same meeting.
The council approved an $88 million budget, including a $46.5 million general fund budget funded by the property tax. One council member voted no on both, saying she couldn’t countenance increasing constituents’ financial burdens.
The council also preliminarily approved a $5.8 million Crime Control and Prevention District budget for the new year, which is funded by a half-cent sales tax.
The city tax rate for the current year is 0.591 per $100 of assessed value for tax purposes. The new rate is 0.611882 per $100 of value. That means the tax rate increase will amount to a city tax bill of $2,447 on a home valued at $400,000 for tax purposes, up from $2,364 in the current year.
The water and wastewater rate increase will amount to an average increase of $2.15 per month on residential bills.
The city’s general fund budget for the current year is $44.6 million, and city officials cited various factors for the rise in the budget, including employee health care costs, competition for public safety employees in the region and general inflation. The new budgets take effect Oct. 1.
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Eric Zarate is a freelance journalist.
If you believe anything in these notes is inaccurate, please email scott.nishimura@fortworthreport.org with “Correction Request” in the subject line.
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