FORT WORTH (CBSDFW.COM) – The city of Fort Worth has approved a $1.8 billion budget that will be used to lower the property tax rate, improve infrastructure and create more city jobs.

The city council made the approval on Tuesday after a 5-3 vote.

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According to the plan, the property tax rate will be lowered by 3.75 cents, which means the current rate will drop from 78.5 cents per $100 valuation to 74.75 cents.

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The city will also use the money to fix aging infrastructure such as streets and to improve neighborhoods. The city said it will create a Diversity and Inclusion Department in order to determine how the budget is used on infrastructure based on equity.

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About 114 city jobs are expected to be created through the new budget, including positions with the police department and a new animal shelter.