Budgets

City of Stephenville

Adopted Annual Operating Budget

Fiscal Year 2024-2025

 

This budget will raise more revenue from property taxes than last year’s budget by an amount of $401,763, which is a 6.05 percent increase from last year's budget.  The property tax revenue to be raised from new property added to the tax roll this year is $110,580.

 

Property Tax Rate Comparison                                 

 

  2024-2025 2023-2024
Adopted Property Tax Rate: $0.3829/$100 $0.3872/$100
No-new-revenue Tax Rate: $0.3660/$100 $0.3729/$100
No-new-revenue Maint. & Operations Tax Rate: $0.3511/$100 $0.3571/$100
Voter-approval Tax Rate: $0.3829/$100 $0.3872/$100
Voter-approval Maint. & Operations Tax Rate: $0.3680/$100 $0.3714/$100
Debt Rate:     $0.0149/$100 $0.0158/$100

 

Debt Obligations - Principal and Interest
Property Tax Supported Revenue Supported Total
$18,664,948 $48,595,553 $67,260,501

     

 

 
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