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Mid City Times

Friday, December 27, 2024

Fort Worth recommends $10.4 million increase for street repairs in FY2025

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Mayor Mattie Parker, City of Fort Worth | City of Fort Worth website

Mayor Mattie Parker, City of Fort Worth | City of Fort Worth website

The City of Fort Worth is set to allocate an additional $10.4 million for street repairs in the Fiscal Year 2025 budget, according to the city manager's recommended plan. This funding increase for the Transportation & Public Works (TPW) Department aims to address the ongoing concerns about street maintenance voiced by residents.

A recent analysis indicated that approximately 650 lane miles are expected to deteriorate significantly within the next five years, necessitating costly bond reconstruction if not addressed promptly. The proposed budget includes a rise in the PayGo portion of the tax rate from 7 cents to 7.25 cents, with all additional revenue directed towards repairing street cracks, potholes, and other issues.

Throughout community meetings and surveys conducted over the year, residents consistently identified street conditions as a top concern. This funding boost is part of a series of planned increases intended to counteract underfunding exacerbated by city growth and inflation.

The overall proposed FY25 budget stands at $2.79 billion, marking a 7.4% increase from FY24’s $2.6 billion budget.

The City Council is scheduled to vote on the final budget and tax rate on September 17, with the new fiscal year commencing on October 1.

Residents can visit ConnectFW.com for engagement opportunities and feedback options or attend open houses to learn more about the budget and ask questions.

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