The North Richland Hills City Council voted on Monday to lower the city’s property tax rate by 2-cents and approved the budget for the 2017-2018 fiscal year that begins on October 1. The 2-cent reduction equals about $820,000 in funding that will remain with NRH taxpayers. The city is able to lower the tax rate from $0.61 to $0.59 cents due to new construction and an increase in existing property values.
Watch the September 11, 2017 City Council Meeting video.
The average taxable value of an NRH home increased about 10% this year to $170,000. With the $0.59 tax rate, the average tax bill will be $1,003, an increase of about 6.4% or $60 over last year’s average property tax bill. You can find additional information, including a tax calculator and FAQs about the property tax rate, on our taxes page.
As a reminder, 1 out of every 4 homes in NRH has their taxes frozen due to the owner being either over the age of 65 or disabled. Properties subject to the tax freeze will not see any increase in their city taxes. The property tax you pay to the city is about 23% of your overall tax bill. Just over half of your property taxes go to the school district, with the rest going to county agencies.
The FY 17-18 budget funds the infrastructure and services NRH residents depend on every day, such as good roads, clean reliable water, a properly functioning sewer system, police, fire and emergency medical services, library programs, and park and recreation amenities. The following video provides an overview of the FY 17-18 budget and the many city services it funds.
Property taxes make up about 35% of the city’s General Fund revenue with sales tax contributing about 22%. Franchise fees, permits, fines, charges for service, grants and other sources also help fund the city’s daily operations. Almost 60% of General Fund expenditures goes to public safety, 9% to parks, recreation and library services, 7% to public works operations and 4% to neighborhood services.
The City Council held public hearings for the city's proposed annual budget and tax rate on Monday, August 28 and Wednesday, September 6. Residents were invited to attend and provide input.
Public Hearing Videos
Crime Control & Prevention District Public Hearing
Parks & Recreation Facilities Development Corp. Public Hearing
City Budget Public Hearing
City Tax Rate, 1st Public Hearing
City Tax Rate, 2nd Public Hearing
State law requires the city to post the following notice:
“THE CITY OF NORTH RICHLAND HILLS 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 6.97 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $21.41.”