DALTX Real EstateDALTX Real EstateDALTX Real Estate
  • Home
  • Guest Post
  • Agents
  • Design
  • Tools
  • Resources
  • Housing Market
  • Advertise With Us
  • About
  • Contact Us
Reading: Dallas City Council Adopts First Reading of $4.51 Billion Budget
Share
Font ResizerAa
DALTX Real EstateDALTX Real Estate
Font ResizerAa
  • Home
  • Guest Post
  • Agents
  • Design
  • Tools
  • Resources
  • Housing Market
  • Advertise With Us
  • About
  • Contact Us
  • Home
  • Guest Post
  • Agents
  • Design
  • Tools
  • Resources
  • Housing Market
  • Advertise With Us
  • About
  • Contact Us
Follow US
© DALTX. All Rights Reserved.
DALTX Real Estate > Property Tax Rate > Dallas City Council Adopts First Reading of $4.51 Billion Budget
Property Tax Rate

Dallas City Council Adopts First Reading of $4.51 Billion Budget

3 Min Read
SHARE
Dallas-horizontal-1024x196

The Dallas City Council voted Wednesday to approve the first reading of a proposed $4.51 billion budget based on a property tax rate of 74.58 cents per $100 assessed valuation.

A second reading of the budget, required by law, is set for Sept. 21. The 2023 fiscal year begins Oct. 1.

The budget includes the following initiatives for housing and homelessness solutions: 

  • Launch a cross-departmental Homeless Action Response Team (HART) to deliver immediate interventions to address safety concerns connected to homeless encampments. 
  • House over 2,700 individuals by Fall 2023 through the Dallas R.E.A.L. Time Rapid Rehousing (DRTRR) initiative, which is an ongoing public-private collaboration. 
  • Protect the health, safety, and welfare of unhoused residents during seasonal weather events. 
  • Establish an Emerging Developers Fund that provides small businesses and charitable or faith-based organizations seed money to advance affordable housing. 
  • Develop and preserve mixed-income housing through a racial equity lens, leveraging funds from Community Development Block Grant (CDBG), HOME Investment Partnership Program, American Rescue Plan Act (ARPA), and new revenue streams generated.
Dallas-horizontal-1024x196

Additionally, the following was budgeted for transportation and infrastructure: 

  • Invest $157.3 million in the city’s infrastructure with $144.6 million to improve up to 787 street lane miles, $2 million to improve 12 alleys, $4.4 million to improve 12 bridges, and $6.3 million to improve 14 sidewalks. 
  • Award contracts that will result in the installation and rehabilitation of approximately 75 miles of water and wastewater mains to maintain system integrity and reduce impacts to the public. 
  • Make travel safer throughout Dallas with key investments in the city’s Vision Zero Plan, including engineering safety evaluation and road safety improvements. 
  • Pursue a state of good repair for the over 500 city-owned buildings by spending $9.5 million to address major system repairs and failures. 
  • Spend nearly $70 million to purchase replacement and additional vehicles used by city employees in the delivery of services such as fire-rescue, solid waste and recycling collection, and police patrol.
Dallas-horizontal-1024x196

Council members spent more than five hours discussing proposed amendments to the budget. More amendments can be submitted prior to final adoption on Sept. 21. 

Residents can download a full copy of the 768-page budget. 

Candy Evans Running for Dallas City Council District 11 Seat Held by Incumbent Lee Kleinman
Will Dallas City Attorney Chris Caso Remain at City Hall After His Jan. 25 Evaluation?
Dallas City Council’s Reverchon Park Deal Sets Dangerous Precedent
Dear City of Dallas, Please Read Angela Hunt’s Latest Column
When Developers Come To Town, Don’t Miss Your Chance To Talk
TAGGED:city hallDallas budgetDallas City Hall
Share This Article
Facebook Email Copy Link Print
Previous Article Loving a Peak’s Suburban Addition Prairie Back to Life
Next Article Allie Beth Allman & Associates’ New Catherine Cole Collective Provides a Serious Advantage
Make us a preferred source on Google
Real Estate Guest Post
Real Estate Guest Post on Daltx

Popular News

Uncategorized

Oaklawn’s Turtle Creek Haus: Neighbors and Developers Take Steps in the Right Direction

5 Irrigation Upgrades That Protect Your DFW Home’s Foundation

Casa Escondida is an Urban Getaway Hiding In Prime Crestline Location

Wisconsin House is $1M of Yabba-Dabba-Do-What?

Best of 2018 Motivation: Alexa, Turn Around This Lousy Day

DALTX Real Estate

DALTXRealEstate.com is the largest real estate blog and the only one in North Texas.

Links

  • Contact Us
  • Real Estate Glossary
  • Buy our ebook

Categories

  • Home Buying Tips
  • Home Selling Tips
  • Commercial Real Estate
  • Residential Real Estate
  • Home Maintenance
  • Texas Real Estate

Get Involved

  • Advertise With Us
  • Write for Us: Submit Guest Post
  • Paid Guest Post Submission

Policies

  • Advertising & Sponsored Content Disclosure
  • Corrections Policy
  • Editorial Policy
  • Ethics Policy
  • Feedback Policy
  • Ownership & Funding
  • Privacy Policy
  • Terms of Service
© DALTX. All Rights Reserved.