Cruel summer: Dallas braces for tough budget year, short $6.5 million in revenue

Cruel summer: Dallas braces for tough budget year, short $6.5 million in revenue

The current fiscal year, seven months in, has a revenue shortage of $6.5 million to cover its expenses, and the gap could increase.

Dallas forecasts $7 million city budget shortfall for 2026

In a preliminary discussion with the city council, Dallas City Hall said property tax revenue is $6.7 million less than forecast. Dallas city manager Kim Tolbert told the city council Wednesday that city staff will spend the next few months determining which city services and programs provide the most value for taxpayers. “It is going to be a painful summer,” Tolbert said, describing the work ahead to find savings in what’s expected to be a tigh…