On September 16th, the Forney City Council took significant steps towards fiscal responsibility by approving the Fiscal Year 2026 budget and adopting a no-new-revenue tax rate of $0.421431 for the 2025 tax year. This no-new-revenue tax rate is designed to ensure that the City collects the same amoun...
Forney City Council Approves FY 2026 Budget and Tax Rate
City Budget and Tax Rate Decision
On September 16th, the Forney City Council took significant steps towards fiscal responsibility by approving the Fiscal Year 2026 budget and adopting a no-new-revenue tax rate of $0.421431 for the 2025 tax year. This no-new-revenue tax rate is designed to ensure that the City collects the same amount of property tax revenue from the same properties as it did in the previous year, effectively maintaining stable funding for essential city services.
What Does This Mean for Residents?
For the upcoming tax year, residents can expect the City of Forney to collect the same tax revenue from existing properties as it did in 2024. This decision reflects the city’s commitment to balancing the need for revenue with the financial realities faced by its residents, especially as Forney continues to grow rapidly.
Access the Approved Budget
Residents interested in reviewing the details of the approved budget can find it online. Click the link below to access the full document:
Fiscal Year 2026 Adopted Budget
As Forney continues to expand, the City Council’s decisions regarding budget and tax rates will play a crucial role in how effectively the city can manage its growing infrastructure and services. Residents are encouraged to stay informed and engaged with local government decisions that impact their daily lives.
