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“The greatest thing about Farmers Branch is the people. They provide the heart of the city and foster that small town atmosphere even in the midst of the bustling metro area. People can have their cake and eat it, too - small town feel with big city amenities. Farmers Branch rocks!…”

– Sam Thomas, frequent Farmers Branch visitor
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City Council approves new fiscal year budget

September 19, 2012

Photo for City Hall aerial

CITY HALL ~ The Farmers Branch City Council on Tuesday approved a $73.6 million budget for the coming 2012-2013 fiscal year. 

The balanced budget includes a 3 percent increase in water and sewer rates, to cover increased costs for purchased water and wastewater treatment from the City's water provider, Dallas Water Utilities.

Although the new budget does not include a property tax rate increase, according to Tax Code Chapter 26, the City of Farmers Branch adopted a tax rate that will raise more taxes for maintenance and operations than last year’s tax rate.  The tax rate will effectively be raised by 0.86 percent and will raise taxes for maintenance and operations on a $100,000 home by approximately $6.26. However, Finance Director Charles Cox said the new budget also lowers the City's debt service by the same 0.86 percent which offsets the effective tax rate increase of $6.26 on a $100,000 home.

The new fiscal year begins October 1.