Haltom City council looks to approve 2016 budget and property tax rate

The Haltom City council is scheduled to finalize approval of the 2016 fiscal year budget and property tax rate at Monday’s upcoming meeting.

The final vote will be held in the council’s chamber during the meeting. The property tax rate is slated to remain unchanged at .69999 cents per $100 in accessed value, which is an effective increase of about 1.3 percent as property assessments have risen since last year.

The proposed budget totals $73,629,974, a decrease of $23,601 from the current budget. A total of 10 budget workshop meetings have been held since August, according the city’s website.

The meeting will be held at city hall at 5024 Broadway Ave. during the regular session that begins at 7 p.m. The formal agenda posted to the city’s website includes proposals for a panhandling and day laborer ordinance that was discussed at the council’s Sept. 14 workshop meeting.

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