Budgets
City of Stephenville
Proposed Annual Operating Budget
Fiscal Year 2023-2024
This budget will raise more revenue from property taxes than last year’s budget by an amount of $296,197, which is a 4.66 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 $72,355.
Property Tax Rate Comparison
| 2023-2024 | 2022-2023 | |
| Proposed Property Tax Rate: | $0.3872/$100 | $0.3958/$100 |
| No-new-revenue Tax Rate: | $0.3729/$100 | $0.3842/$100 |
| No-new-revenue Maint. & Operations Tax Rate: | $0.3571/$100 | $0.3696/$100 |
| Voter-approval Tax Rate: | $0.3872/$100 | $0.3958/$100 |
| Voter-approval Maint. & Operations Tax Rate: | $0.3714/$100 | $0.3812/$100 |
| Debt Rate: | $0.0158/$100 | $0.0146/$100 |
| Property Tax Supported | Revenue Supported | Total |
|---|---|---|
| $20,077,109 | $52,168,300 | $72,245,409 |
Supporting Documents
Proposed Budget FY 2023-2024 (7 MB) Notice of Budget Public Hearing (96 KB) 