HomeMy WebLinkAboutItem 09 - Certified Estimated Tax RollsMEMO TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: BRUNO RUMBELOW, CITY MANAGER
MEETING DATE: AUGUST 5, 2025
SUBJECT: RESOLUTION TO ACCEPT THE CERTIFIED TAX ROLLS
RECOMMENDATION: Staff recommends City Council approve a resolution to accept the
Certified Estimated Tax Rolls having a total appraised value of
$19,736,482,578 less exemptions of $5,793,816,072 for a net taxable
value of $13,942,666,506.
FUNDING SOURCE: This action has no material effect on City funds.
BACKGROUND: This resolution is provided pursuant to Section 26.04 of the Texas
Property Tax Code which requires the assessor for a taxing unit to submit
the total appraised value, the total assessed value, and the total taxable
value of the property within the unit's boundaries to the unit's governing
body by August 1, or as soon thereafter as is practicable. Colette
Ballinger, Tax Assessor, has submitted this information to the City and
certified that the estimated tax collection rate for tax year 2025 is 100%.
As prescribed by law, the appraised value from the certified rolls is
$19,736,482,578, less $5,793,816,072 in exemptions, producing a net
taxable value of $13,942,666,506. The new construction value included in
the net taxable value amount is $81,097,600.
The City Council designates Colette Ballinger, RTA, CSTA (Registered Tax
Assessor Collector, Certified School Tax Assessor) as the official person
to calculate and publish the No New Revenue and Voter Approval rate
calculations for the City of Grapevine, Texas for FY 2026.
Staff recommends approval.
GRAPEVINE
COLLEYVILLE
110toloul
July 29, 2025
I, Colette Ballinger, Tax Assessor -Collector for the City of Grapevine submit to the City Council
the 2025 Appraisal Roll as sworn to by Joe Don Bobbitt, Chief Appraiser of Tarrant County
Appraisal District, Shane Docherty, Chief Appraiser of Dallas County Appraisal District and Don
Spencer, Chief Appraiser of Denton Central Appraisal District. Attached, herewith, are the
appraisal roll valuation summary sheets with hard copies of the appraisal roll available for
inspection at 3072 Mustang Drive, Grapevine, Texas 76051.
Total Tarrant Certified Appraised Value $ 19,033,708,536
Total Dallas Certified Appraised Value $ 690,940,020
Total Denton Certified Appraised Value $ 11,834,022
Less Agricultural Deferral, Exemptions and ARB $ - 5.793.816.072
Net Taxable $ 13,942,666,506
ARB Value $ 134,487,260
Incomplete Property Value $ 1,093,733
In Process $ 259,523
New Construction $ 81,097,600
(Included in net taxable)
I certify an anticipated collection rate of 100% for the tax year 2025. This total percentage includes
current taxes, delinquent taxes, rollback taxes, penalties and interest.
/WPtness my hand this 29th day of July 2025.
Colette Ballinger, RTA, CSTA
Tax Assessor -Collector
and subscribed to me this 29th day of July 2025.
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Public Signa ure County State
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My Notary ID # 10822719
Expires August 13, 2028
Grapevine-Colleyville Area Tax Office 817.481-1242 L
3072 Mustang Drive www.geisd.net
Grapevine, Texas 76051
PURPOSE ® INNO\"ATION 4 CONINIUNITY
RESOLUTION NO. 2025-009
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS, APPROVING THE TAX ROLLS FOR
TAX YEAR 2025 ON PROPERTY WITHIN THE CITY; AND
PROVIDING AN EFFECTIVE DATE
WHEREAS, on or by July 25, 2025, the Chief Appraisers of the Tarrant, Dallas and
Denton Appraisal Districts approved and provided to the Grapevine City Council the Tax
Rolls for 2025 with a total appraised value of $19,736,482,578 and having a net taxable
value of $13,942,666,506; and
WHEREAS, all legal prerequisites for the adoption of this resolution have been met,
including but not limited to the Local Government Code and the Open Meetings Act; and
WHEREAS, the City Council hereby declares that the approval of this resolution is in
the best interests of the health, safety, and welfare of the public.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS:
Section 1. That all matters stated in the preamble are true and correct and are
incorporated herein as if copied in their entirety.
Section 2. That the Certified Tax Rolls value for the tax year 2025 for the City of
Grapevine, Texas be and hereby approved in the amount of $19,736,482,578 for total
appraised value.
Section 3. That the certified net taxable value (total appraised value less
exemptions) of $13,942,666,506 is approved.
Section 4. That in addition to the value shown in Section 3 above, the Chief
Appraisers have prepared a list of all properties pending disposition before the Appraisal
Review Board. A projected minimum value of $134,487,260 has been assigned to this
property while a minimum value $1,353,256 in properties not on the rolls has also been
assigned for tax rate calculation purposes.
Section 5. That the certified values also include a taxable value of
$1,259,475,547 associated with over 65/disabled properties for which the City implemented
a tax freeze on the amounts paid by those qualifying properties
Section 6. That this resolution shall take effect from and after the date of its
passage.
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS on this the 5th day of August, 2025.
APPROVED:
William D. Tate
Mayor
ATTEST:
Tara Brooks
City Secretary
APPROVED AS TO FORM:
Matthew C. G. Boyle
City Attorney