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TRWD Board approves lower 2023 property tax rate

By September 19, 2023

The TRWD Board of Directors unanimously approved a lower 2023 property tax rate today at their regularly scheduled meeting in Fort Worth.

TRWD’s board lowered the 2023 tax rate to 0.0267 per $100 valuation, down from the 2022 rate of 0.0269 per $100 valuation. The District’s rate remains the lowest in Tarrant County and will only raise the average homeowner’s tax bill approximately $10 each year.

“We as a board are thankful for the hard work TRWD’s staff has put into lowering the District’s 2023 tax rate,” said Leah King, TRWD’s board president. “Ensuring that we are good stewards of taxpayer dollars is one of this board’s top priorities and will continue to be going forward.”

TRWD’s tax revenue funds the District’s flood control and recreation efforts. The District serves as the local sponsor for the 27-mile floodway levee system that was originally built by the U.S. Army Corps of Engineers in the 1950s and spans through much of Fort Worth.

In addition, TRWD has built and maintains more than 100 miles of trails along the floodway levees and around Marine Creek Lake, as well as popular parks Twin Points Park and Eagle Mountain Park at Eagle Mountain Lake.

Lake Current Level Conservation Level* Level Difference**
Arlington 549.75 550.00 -0.25
Benbrook 697.25 694.00 3.25
Bridgeport 826.98 836.00 -9.02
Cedar Creek 322.11 322.00 0.11
Eagle Mountain 649.24 649.10 0.14
Lake Worth 593.63 594.00 -0.37
Richland-Chambers 315.46 315.00 0.46
*Conservation Level: The permitted level of water an entity is allowed to hold in a lake. Any amount above the conservation level is used for the temporary storage of flood waters and must be released downstream.
**Difference: Amount above or below conservation level.
For more information read our daily reports or the TRWD Lake Level Blog.

Check out the TRWD OneRain portal for a visualization of this information and more.

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