Dallas residents will have a lower tax rate and higher utility fees after the City Council approved the largest budget in the city’s history on Wednesday. The unanimously approved $4.97 billion spending plan goes into effect Oct.

Dallas Mayor Eric L. Johnson supports the city budget that significantly cuts property taxes and boosts public safety funding.

DALLAS - The City of Dallas passed a $4.97 billion annual budget, which includes a lower tax rate for homeowners. The city's property tax rate was cut by a little over three cents. Dallas describes it as the largest property tax cut in its history. Rising appraisals mean Dallas homeowners will still likely pay more.

The Dallas City Council voted unanimously Wednesday to approve the fiscal year 2024-2025 city budget, which reflected the city’s top priorities for next year. The city included focus on public works and public safety as matters of importance.

The Fort Worth City Council voted unanimously Tuesday to approve its 2025 budget while keeping its tax rate the same. It’s part of an effort to ease the property tax burden on homeowners while still delivering essential city services.