Finance

The Finance Department represents the overall financial management of the City of White Settlement.

Functions & Responsibilities

Functions that fall under the Finance Department include:

  • Accounts Payable/Accounts Receivable
  • Audit
  • Budgeting
  • Investments
  • Payroll
  • Utility Billing
  • Purchasing

Record Keeper for the City

The Finance Department is the central financial record keeper for the City. It prepares:

  • All city departments and the City's annual audit
  • Crime Control and Prevention District 
  • Furnishes data and financial information for the Economic Development Corporation
  • Handles accounts payable and receivables
  • Monitors cash flows and approved investments
  • Monthly financial statements
  • Reconciles bank statements

Tax Rate

Tax Rate: $0.762186 per $100 of valuation

2018 Property Tax Rates

City of White Settlement

$0.762186

White Settlement ISD

$1.520000

Tarrant County

$0.234000

Tarrant County College

$0.136070

Tarrant County Hospital

$0.224429

TOTAL RATE

$2.876685


Note: All taxes are per $100 of taxable value. For property tax rates in other jurisdictions, refer to the Tarrant County Appraisal District.

Exemptions

2018 City of White Settlement Exemptions

Abatements

Yes

Disabled Person (DP)

$10,000

Freeport

Yes

Freeze / Ceiling

N/A

Goods In Transit (GIT)

N/A

Homestead

20%

Over-65 (O65)

$37,000

2019/2020 Proposed Tax Rate Information

THIS BUDGET WILL RAISE MORE TOTAL PROPERTY TAXES THAN LAST YEAR'S BUDGET BY $928,585 OR 14.05%, AND OF THAT AMOUNT, $303,221 IS TAX REVENUE TO BE RAISED FROM NEW PROPERTY ADDED TO THE TAX ROLL THIS YEAR.

NOTICE OF 2019 TAX YEAR PROPOSED PROPERTY TAX RATE FOR CITY OF WHITE SETTLEMENT 
A tax rate of $0.732245 per $100 valuation has been proposed for adoption by the governing body of CITY OF WHITE SETTLEMENT. This rate exceeds the lower of the effective or rollback tax rate, and state law requires that two public hearings be held by the governing body before adopting the proposed tax rate.

The governing body of CITY OF WHITE SETTLEMENT proposes to use revenue attributable to the tax rate increase for the purpose of Due to an increase in operational needs and moving towards a full-time fire department.
PROPOSED TAX RATE $0.732245 per $100
PRECEDING YEAR'S TAX RATE $0.762186 per $100
EFFECTIVE TAX RATE $0.647133 per $100
ROLLBACK TAX RATE $0.732245 per $100

The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for CITY OF WHITE SETTLEMENT from the same properties in both the 2018 tax year and the 2019 tax year.

The rollback tax rate is the highest tax rate that CITY OF WHITE SETTLEMENT may adopt before voters are entitled to petition for an election to limit the rate that may be approved to the rollback rate.

YOUR TAXES OWED UNDER ANY OF THE ABOVE RATES CAN BE CALCULATED AS FOLLOWS: property tax amount= (rate) x (taxable value of your property)/100 

For assistance or detailed information about tax calculations, please contact: WENDY BURGESS TAX ASSESSOR - COLLECTOR 100 E. Weatherford Fort Worth, Texas 76196 817-884-1082 TAXOFFICE@TARRANTCOUNTY.COM http://access.tarrantcounty.com/en/tax.html 

You are urged to attend and express your views at the following public hearings on the proposed tax rate: 8/1/2019 First Hearing: August 20, 2019 at 06:00 PM at City of White Settlement, 214 Meadow Park Dr., White Settlement, TX 76108. Second Hearing: August 27, 2019 at 06:00 PM at City of White Settlement, 214 Meadow Park Dr., White Settlement, TX 76108.


Reports

View reports for the following:

Unclaimed Property

The City of White Settlement is currently remitting property of any value that is presumed abandoned or unclaimed to the State. Unclaimed property consists of uncashed checks for items such as water refunds, vendor payments, payroll checks, and other refunds. If you think you might have unclaimed property, please contact the State of Texas Comptroller’s office Unclaimed Property division at 800-654-3463 or on the Texas Unclaimed Property website