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Parkland Health budget reflects flat tax rate, higher property values

A lawn sign that reads "No cost health services." The sign is for a Parkland Health community clinic.
Bret Jaspers
/
四虎影院
In August, Parkland鈥檚 2026 budget had about $3 billion in projected revenue against $3.1 billion in total operating expenses. September鈥檚 presentation ahead of Tuesday's vote showed the county hospital in a better position.

Dallas County Commissioners on Tuesday approved Parkland Health鈥檚 budget for the 2026 fiscal year.

Despite earlier concerns, leaders expect to have a 鈥渟lightly positive鈥 operating income while keeping a flat tax rate. However, with property values increasing, the safety net hospital system will still see an increase in its tax revenue.

In August, Parkland鈥檚 2026 budget had about $3 billion in projected revenue against $3.1 billion in total operating expenses. September鈥檚 presentation ahead of Tuesday's vote showed the hospital in a better position.

Recent shows it expects to receive more , or DSH, funding, which goes to hospitals that serve a large number of Medicare patients.

Parkland Health President and CEO Fred Cerise told commissioners the hospital system should also receive more property tax revenue than previously expected.

鈥淲e had anticipated coming in still slightly negative, but the property valuations came in higher than we anticipated,鈥 Cerise said.

Parkland Health's CEO presented a proposed fiscal year 2026 budget to Dallas County commissioners Tuesday.

Since 2019, Parkland has decreased the tax rate every year. However, this year, Cerise said Parkland will keep the same tax rate of 0.212000, with a 6% increase in property tax revenue.

"That moves us from a slightly negative operating income to a slightly positive operating income,鈥 Cerise said.

Cerise said Parkland didn鈥檛 reduce the tax rate because leaders expect to see some additional budget pressure starting in 2027 from in 鈥 including to Medicaid and Medicare.

The changes will affect several different revenue streams for the hospital. The future impact of the federal budget bill could mean Parkland loses more than $200 million in governmental revenue a year.

Abigail Ruhman is 四虎影院鈥檚 health reporter. Got a tip? Email Abigail at aruhman@kera.org.

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