On Sept. 14, Irving City Council adopted the Fiscal Year 2023-24 (FY24) budget based on $0.5891/$100 valuation. The city’s fiscal year begins on Oct. 1 and runs through Sept. 30 each year.
The FY24 General Fund, the city’s main operating fund, is $289,456,559. The General Fund includes public safety, public works, parks and recreation, libraries, community development and internal services and is funded primarily by property and sales tax collections. The structurally balanced FY24 budget maintains the city’s service levels while adjusting workforce wages to be competitive in the municipal market, inflation and supply chain issues, as well as funding service enhancements, new projects and equipment.