Mayor Johnson votes in favor of city budget that prioritizes public safety, historic property tax rate reduction
DALLAS — Dallas Mayor Eric L. Johnson voted on Wednesday to approve the Fiscal Year 2024-2025 city budget, which reflected his top priorities for Dallas in the coming year. The budget was approved unanimously by the Dallas City Council.
“I am pleased to support a city budget that includes an historic property tax rate reduction for Dallas residents while prioritizing public safety, investing in parks, focusing on basic city services, and increasing government efficiency,” said Mayor Johnson. “With this data-driven budget, we can begin getting back to basics and building a better future for this great city.”
The FY 2024-25 city budget includes the largest single-year property tax rate reduction in Dallas history, decreasing the tax rate by 3.10¢ to 70.47¢ per $100 valuation – a 4.2% reduction. The budget puts public safety first by increasing funding for the Dallas Police Department and Dallas Fire-Rescue by $78.6 million. It also includes $202.5 million for the Dallas Police and Fire Pension Fund.
Dallas’ park system will be expanded through this budget with $48 million for park maintenance, including $1 million to operate and maintain new parks, trails, and facilities. The budget also focuses on core city services while making operations more efficient by eliminating redundancies and reducing expenses.
The next fiscal year begins on October 1, 2024 and ends on September 30, 2025.
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