Page 19 - CityofGrandPrairieFY25Adopted Budget

Property Taxes
Estimated Revenues FY 2024/2025

Adj. Net Taxable Value Assessed $ 25,610,132,199
Less Senior Freeze Values (1,182,058,303)

Proposed Tax Rate per $100 Valuation 0.660000
Estimated Tax Levy 166,608,144
Est. Percent of Collection (O&M and I&S) 99.5%

Estimated Collections (Current Year) $ 165,775,102

Adopted Fund Distribution

(Current Year)

Rate Allocation Amount
General Fund

(Maintenance & Operating) $ 0.418030 63% $ 104,998,182
Debt Fund
(Interest & Sinking) 0.241970 37% 60,776,920
Total $ 0.660000 $ 165,775,102

TEN YEAR BREAKDOWN OF TAX RATE
0.8
0.7
Cents per $100 Valuation 0.5
0.6
0.4
0.3
0.2
0.1
0.0
2023
2022
2019
2025
2024
2021
2020
General Fund (M&O) Debt Fund (I&S) 2018 2017 2016 2015
Fiscal General Fund Debt Fund Total
Year (M&O) (I&S) Tax Rate
2025 0.418030 0.241970 0.660000
2024 0.428769 0.231231 0.660000
2023 0.451076 0.208924 0.660000
2022 0.452091 0.212907 0.664998
2021 0.460638 0.209360 0.669998
2020 0.457128 0.212870 0.669998
2019 0.463696 0.206302 0.669998
2018 0.471196 0.198802 0.669998
2017 0.473549 0.196449 0.669998
2016 0.484892 0.185106 0.669998
2015 0.484892 0.185106 0.669998

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