09/23/2024 | Press release | Distributed by Public on 09/23/2024 12:24
Every year following months of development, deliberations and public meetings, the Garland City Council adopts a new operating budget and tax rate that will impact more than 2,300 staff, nearly 250,000 residents, and all of the City's businesses and visitors.
The fiscal year 2024-25 budget, which was approved Sept. 3, focuses on sustaining City services in a commitment to building the stage where residents can live their best lives. The budget also ensures new facilities are adequately staffed and funded. New facilities scheduled for completion in 2024-25 include the West Garland Library and Holford Recreation & Aquatics Center.
"In Garland, our greatest resource is people - people who work here, live here, open businesses here and more," said City Manager Judson Rex. "I believe the fiscal year 2024-25 budget provides a high value to our entire community. It allows us to continue the excellent quality and level of service we strive for in the City."
The $1.04 billion budget includes:
The tax rate will remain unchanged for 2024-25 at 68.9746 cents per $100 in property valuation. It remains Garland's lowest tax rate since 2007-08. For the City's average single-family home (market value $322,000) with the 10% homestead exemption, annual City property taxes will be $1,568 per year, $131 per month.
There is an average residential rate increase of $4.32 for water ($1.66), sewer ($1.51), trash collection ($.50) and stormwater ($.65). The electric rate remains unchanged.
For more information, visit the 2024-25 proposed operating budget website and watch the Sept. 3 City Council meeting. The City of Garland's 2024-25 fiscal year begins Tuesday, Oct. 1.