Grapevine, Colleyville and Southlake residents to see lower property tax rates

The cities of Grapevine, Colleyville and Southlake each adopted their general operating budgets and tax rates for fiscal year 2019-20 at their Sept. 17 meetings. FY 2019-20 begins Oct. 1.


Council members approved a property tax rate of $0.284271 per $100 valuation for FY 2019-20. This is a half-cent reduction from the current rate of of $0.289271 per $100 valuation.

Although the tax rate is a decrease, the tax revenue that the city collects will increase due to new property added to the tax roll and property value growth, according to meeting documents.

City Council also adopted a $179 million operating budget for the upcoming fiscal year.

This is a 4% increase over the current fiscal year, according to previous reporting by Community Impact Newspaper. Most of the bump is due to a 3% pay raise for all employees; additional 2% merit-based pay raises for some employees; and budget step increases for police and fire personnel. The city is expecting the same amount in revenue as it is in expenses.


Colleyville adopted the effective property tax rate for the second consecutive year. The new tax rate will be $0.306807 per $100 valuation, a decrease of $0.013993 cents from the current rate.

“That’s something to be very proud of,” Assistant City Manager Mark Wood said at a budget presentation. “Basically, it means the city’s going to collect the same amount of property tax revenue for fiscal year [2019-20] that we did for fiscal year [2018-19], which is the current fiscal year, excluding new growth. It’s not easy to do—takes a lot of commitment.”

The tax rate will provide for a balanced budget and will yield in a surplus of about $400,000 in the general fund, Wood said.

Considering the general, utility, drainage and debt service funds combined, total operating expenditures amount to about $43.9 million, according to budget documents.

The budget will help expand public safety services by hiring personnel and increasing the allocation for the fire department’s overtime pay, Wood said. The budget will also fund investments in infrastructure, beautification efforts and city employees.


Southlake officials adopted a property tax rate of $0.41 per $100 valuation, a $0.037 reduction from the current rate.

Officials said this is the biggest tax reduction since the 1980s. For those receiving Southlake’s 20% homestead exemption, the tax rate drops further to $0.328 per $100 valuation.

City Council also approved a $104.8 million operating budget for FY 2020.

Because the new tax rate is lower than the effective tax rate, the city will collect about $199,000 less in property tax revenue, according to budget documents.

“We’re very excited about this budget,” Mayor Laura Hill said. “This is huge.”

As part of previous budget discussions, city staff outlined future investments focusing on mobility; city facilities; public safety; roads and infrastructure; and technology.


Oun said he perfected his fried chicken recipe over a six-month period. (Courtesy Mother Clucker)
ROUNDUP: Read about local businesses in the DFW area

Read Community Impact Newspaper's latest business coverage from the Dallas-Fort Worth area.

Carroll ISD officials expect to recoup a large amount of the expenditures incurred from the COVID-19 pandemic. (Courtesy Pexels)
Carroll ISD to receive $122K in federal relief funds

Carroll ISD reported it has shelled out about $190,000 in COVID-19-related expenses since the start of the pandemic.

Businesses shuttering their doors due to coronavirus restrictions lowered the sales tax revenue collected by cities in May compared to May 2019. (Andy Li/Community Impact Newspaper)
Texas comptroller reports 13.2% year-over-year state sales tax revenue drop in May

Tax collection revenue fell significantly in several sectors from May 2019 to May 2020, according to the comptroller's office.

Effective May 4, OUCH Orthopedics has moved to a new Southlake location at 431 E. Hwy. 114, Southlake. (Courtesy Adobe Stock)
OUCH Orthopedics relocates practice in Southlake

Effective May 4, OUCH Orthopedics has moved to a new Southlake location at 431 E. Hwy. 114, Southlake.

Demonstrators gathered at the Texas Capitol on May 31 to protest police brutality. (Christopher Neely/Community Impact Newspaper)
Texas officials respond to demonstrations, unrest in wake of George Floyd killing

Gov. Greg Abbott issued a state of disaster in Texas on May 31, while various city officials and law enforcment responded to protests and violence over the weekend.

Oun said he perfected his fried chicken recipe over a six-month period. (Courtesy Mother Clucker)
Colleyville-based Mother Clucker offers combinations of chicken, fries, sauces

Other than just tenders and fries, Mother Clucker also serves fried chicken sandwiches, grilled chicken salad and chicken wings, as well as an extensive dessert menu.

Methodist Southlake Hospital is transitioning to a wholly owned facility, which allows it to expand its services to Medicare patients. (Courtesy Methodist Southlake Hospital)
Methodist Southlake Hospital expands services as it begins to accept Medicare patients

As of the end of April, Medicare patients can now receive care at Methodist Southlake Hospital.

The market will serve Cajun-specialty seafood and fresh meats. (Courtesy T-Johnny’s Cajun & Seafood Market)
T-Johnny’s Cajun & Seafood Market to open in early June in Colleyville

T-Johnny’s Cajun & Seafood Market expects to open in early June at 5409 Colleyville Blvd., Colleyville.

A LongHorn Steakhouse was expected to open in early 2020 at The Citadel development near I-35W and Heritage Trace Parkway. The opening has been delayed, according to staff. (Ian Pribanic/Community Impact Newspaper)
Tuesday Morning bankruptcy, census data and three other DFW-area stories

Here are five recent updates from the metroplex, on delayed openings, mass layoffs and more.

Those who give blood through May 31 will receive a t-shirt by mail while supplies last. For the month of June, donators will receive a $5 Amazon gift card through email, courtesy Amazon, according to American Red Cross. (Courtesy American Red Cross)
Red Cross offers incentives for blood donations in Dallas-Fort Worth area

The American Red Cross has roughly 1,300 blood donation appointments in North Texas that need to be filled through June 15.

The White Rock Family YMCA in Dallas is among the seven area locations that are set to reopen at partial capacity June 1. (Courtesy YMCA of Metropolitan Dallas)
MAY 31 ROUNDUP: Business news from Dallas-Fort Worth area

Read the latest business news from Dallas-Fort Worth.

Here are the latest coronavirus updates for Grapevine, Colleyville and Southlake. (Community Impact staff)
DATA: Confirmed COVID-19 cases in Grapevine, Colleyville, Southlake as of May 28

Tarrant County Public Health reported that the county has seen an increase of 491 new COVID-19 cases since May 21.