07/07/2024 | Press release | Distributed by Public on 07/07/2024 04:22
Published on July 07, 2024
PayGo funding uses cash, not debt, to maintain, extend and safeguard the City's vital infrastructure.
Since projects are funded using existing resources, there is no need to borrow money and incur interest payments, which leads to lower long-term costs for taxpayers.
The mayor and council will consider a PayGo funding request as part of the FY25 budget. The council votes on the budget in September.
Watch this video to learn more:
Visit the City's budget website.https://www.fortworthtexas.gov/departments/the-fwlab/budget/fy2025
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