On September 12, the Irving City Council adopted a budget for Fiscal Year 2024-25 (FY25), maintaining a tax rate of $0.5891 per $100 valuation. The city's fiscal year runs from October 1 to September 30 each year.
The FY25 General Fund, which serves as the city’s primary operating fund, totals $306,081,132. This fund supports essential services, including public safety, engineering, transportation, parks and recreation, libraries, community development, and internal services. Funding for the General Fund primarily comes from property and sales tax collections.
The budget is structurally balanced, allowing the city to maintain service levels while adjusting workforce wages to remain competitive in the municipal market. Additionally, it allocates resources for service enhancements, new projects, and equipment.
View the FY25 Budget Executive Summary | Download the PDF.
