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Budget

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The City of Carrollton's Budget Unit institutes and operates a governmental budgeting system that provides financial information to both external users and internal management.

Budget oversees the preparation of the annual budget and monitors compliance during the year. 

The following budget documents are the original budgets adopted by City Council. The documents have not been updated since that adoption and do not include any subsequent budget amendments adopted by Council. 

This information is used to monitor the expenditure of public funds and to ensure that the financial transactions of the City are conducted in accordance with statutory and contractual requirements and City policy.  

City of Carrollton
Budget Summary 2025

  • The City of Carrollton adopted its budget on Tue., Sept., 10 2024 for Fiscal Year 2025. During the budget process, Council balanced the needs of the residents in combination with the operational needs of the City.

  • The City tax rate was cut for the 11th year in a row to partially offset the increase in home values and is set for the next fiscal year as $0.53875/$100 valuation.

  • The Fiscal Year 2025 Adopted Budget has recurring uses of funds in the Operating, Fleet Replacement and Debt Service funds totaling $302,225,254, an increase of 5.06% from the previous Fiscal Year 2024 Budget.

FY2025 Budget One-Pager FINAL

(Click to Enlarge)

Tax Rates 

Fiscal Year 2025 Budget is based on Tax Year 2024's expected revenue. The City of Carrollton contracts with the Denton County Tax Assessor/Collector to calculate the City’s tax rates. Learn more about how the rates were calculated.

For Fiscal Year 2025, the following rates were used by the City of Carrollton to produce it’s adopted budget. 

 2025 No-New-Revenue Rate  $0.506711/$100
 2025 Maintenance & Operation No-New-Revenue Tax Rate  $0.380875/$100
 2025 Maintenance & Operation Voter-Approval Tax Rate  $0.394205/$100
 2025 Debt Service Rate  $0.145588/$100
 2025 Voter-Approval Rate  $0.539793 /$100
 2025 Adopted Tax Rate  $0.538750/$100
More Details

Estimated Unencumbered Fund Balances

The estimated unencumbered Fund Balances* for FY2024 are in compliance with the City’s adopted financial standards:

 Type of Property Tax Fund  Fund Balance
 General and Administrative Services Funds   $ 4,505,924 
 Special Revenue Funds  $ 3,799,067
 General Debt Service Fund   $ 4,423,275 
 Governmental Capital Projects Funds  $ 149,602,867 
 Enterprise Operating Funds  $ 18,433,283
 Enterprise Debt Service Funds   $ 1,593,116 
 Enterprise Capital Projects Funds  $ 46,113,567
 Internal Service Funds  $ 16,649,762 
*Accounts for Compensated Absences  

Debt Obligations 

The City of Carrollton will pay $32,910,224 in debt service during Fiscal Year 2025.

More Details

Questions About the Budget?

The current Fiscal Year budget is adopted by City Council in September along with the Tax Rate adopted at the same time. 

For questions related to the annual budget, the Budget & Management Analysis office can be reached at:
City of Carrollton
1945 E. Jackson Rd.
Carrollton, TX 75006
972-466-3110 

ManagementAnalysis@cityofcarrollton.com

Or reach out to your Councilmember.

Tax Transparency by County

The City of Carrollton resides in three counties: Dallas, Denton, and Collin. Each county must maintain a database of Property Tax Related Information.