Page 2 - Grapevine FY22 Adopted Budget v2

City of Grapevine

Fiscal Year 2021-2022
Filed
Budget Cover Page Tarrant County Clerk's Office
Mary Louise Nicholson, County Clerk
2022-03-15
September 7, 2021

This budget will raise more revenue from property taxes than last year's

budget by an amount of $495,569, which is a 1.86 percent increase from
last year's budget. The property tax revenue to be raised from new

property added to the tax roll this year is $447,447.

The members of the governing body voted on the budget as follows:
FOR: William D. Tate Darlene Freed
Sharron Rogers Chris Coy
Duff O'Dell
Leon Leal
AGAINST: None
PRESENT and not voting: None
ABSENT: Paul Slechta

Property Tax Rate Comparison

2021-2022 2020-2021
Property Tax Rate: $0.271811/100 $0.282601/100
No-New-Revenue Tax Rate: $0.270644/100 $0.282694/100
No-New-Revenue Maintenance & Operations Tax Rate: $0.148080/100 $0.141816/100
Voter-Approval Tax Rate: $0.284638/100 $0.285904/100
Debt Rate: $0.131376/100 $0.139125/100

Total debt obligation for City of Grapevine secured by property taxes: $13,352,507

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