Coppell publishes proposed fiscal year 2024-2025 budget

Coppell—Earlier this week, the city of Coppell published its proposed budget for fiscal year 2024-2025, and residents are encouraged to review the budget and provide feedback. The Coppell City Council will discuss the proposed budget and the proposed maximum tax rate at their next meeting, on Tuesday, Aug. 13. The Council will then hold public hearings and consider the proposed budget and tax rate for approval at the Aug. 27 meeting.

The proposed budget was developed using a property tax rate of $0.462222 per $100 valuation, which represents a decrease from the current tax rate of $0.491818. The proposed budget balances revenues and expenditures, maintains the city’s infrastructure, and enhances existing service levels, all while considering the challenges affecting revenue streams, including state legislation, the increase in the cost of goods and services, inflation, and the competitive labor market.

The proposed budget includes the following:

Allocations that will allow the City to fully fund facility and traffic projects for the next five years.

CRDC funding for park infrastructure improvements, park amenities, replacements, and repairs of capital equipment.

Allocations to the Infrastructure Maintenance Fund for street maintenance and repairs.

Funding for two new positions, an economic development coordinator and a senior code compliance officer, that will help the city attract economic development and maintain the integrity of neighborhoods.

The intentional use of fund balance and retained earnings for one‐time expenses, such as the purchase of body cameras for the police department.

The proposed budget is available for review at coppelltx.gov/budget. Residents are encouraged to get involved in the budget process, attend the upcoming public hearings, and provide feedback. Questions and comments can be submitted by emailing budgetinput@coppelltx.gov.

SOURCE City of Coppell