HomeMy WebLinkAbout2026-09-01 Regular MeetingCITY OF GRAPEVINE, TEXAS
GRAPEVINE 4B ECONOMIC DEVELOPMENT
CORPORATION BOARD MEETING
TUESDAY, SEPTEMBER 1, 2026
GRAPEVINE CITY HALL, COUNCIL CHAMBERS
200 SOUTH MAIN STREET
GRAPEVINE, TEXAS
CALL TO ORDER: 7:15 p.m. - City Council Chambers
CITIZEN COMMENTS
1. Any person who is not scheduled on the agenda may address the Board under
Citizen Comments or on any other agenda item by completing a Citizen Appearance
Request form with the City Secretary. A member of the public may address the
Board regarding an item on the agenda either before or during the Board’s
consideration of the item, upon being recognized by the Presiding Officer or upon
the consent of the Board. In accordance with the Texas Open Meetings Act, the
Board is restricted in discussing or taking action during Citizen Comments.
NEW BUSINESS
2. Consider Resolution No. 4B 2026-001 approving the Grapevine 4B Economic
Development Corporation Fiscal Year 2027 budget and take any necessary action.
3. Consider the minutes of the September 2, 2025 Grapevine 4B Economic
Development Corporation Board meeting and take any necessary action.
ADJOURNMENT
In accordance with the Open Meetings Law, Texas Government Code, Chapter 551,
I hereby certify that the above agenda was posted on the official bulletin boards at
Grapevine City Hall, 200 South Main Street and on the City’s website on August 26, 2026,
by 5:00 p.m.
__________________________
Tara Brooks
City Secretary
If you plan to attend this public meeting and you have a disability that requires special arrangements at the
meeting, please contact the City Secretary’s Office at 817.410.3182 at least 24 hours in advance of the
meeting. Reasonable accommodations will be made to assist your needs.
At this meeting the City Council will discuss the FY 2027 Budget. Information below
reflects the estimated property tax bill of the median value homestead using:
Current Adopted Tax Rate
FY27 No New Revenue Rate
FY27 Proposed Budget Rate
Fiscal Year (Tax Year) Median-Valued
Homestead
Tax Rate Per $100 of
Value Estimated
Property Tax Bill
FY 2025-2026 (TY 2025) $397,600 Adopted 2025 Tax
Rate:
$0.237228
$943.22
FY 2026-2027 (TY 2026) $376,668 2026 No New Revenue
Tax Rate:
$0.226817
$854.35
FY 2026-2027 (TY 2026)
$376,668
Proposed 2026 tax rate
based on the proposed
budget for 2026-27:
$0.226817
$854.35