Grapevine residents and business owners will see a small decrease in the ad valorem tax rate in fiscal year 2025-26.

During the Sept. 16 council meeting, a rate of $0.237228 per $100 valuation was approved. That is a decrease from last year’s amount of $0.241165 per $100 valuation. According to city documents, that is $0.059338 less than the calculated voter-approval tax rate.

The details

The ad valorem tax rate is composed of two parts: the debt service rate and operation and maintenance, or O&M.

The O&M rate is $0.134431 per $100 valuation and the debt service rate is $0.102797 per $100 valuation, according to city documents.

The fiscal year 2025-26 budget was approved using those tax rates. A closer look

The fiscal year started Oct. 1 and runs through Sept. 30, 2025, according

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