DALLAS — As voters prepare to decide on a $150 million bond referendum, Fort Worth officials are mulling numerous operational changes to meet some budget shortfalls in the coming fiscal year.

The City Council intends to defer some nonessential services and transfer revenue from other accounts to bring the city’s reserve fund back to the mandated 10% of the annual operating budget, which is equal to about $51 million. The fund balance currently stands at $36.3 million, according to finance officials.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.