Balch Springs once again saw growth in assessed valuation resulting in an investment into maintenance and operations and a stable tax rate of $0.803000 for residents. This is the fourth consecutive year of an assessed valuation exceeding an 8% growth rate. The budget will raise more revenue from property taxes than last year’s budget by an amount of $464,051, which is an 5.47% increase from last year’s budget. The property tax revenue to be raised from new property added to the tax roll this year is $267,138. Certified values for 2020 reflect new construction of about $31 million.