Page 280 - BudgetBookCover_FY26_Adopted.pdf
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Fiscal Year Fiscal Year
Tax Rate Year to Year
per $100 of taxable value 2024-2025 2025-2026 Comparison
Annual Rate Proposed Rate
No New Revenue (NNR) 0.639544 0.636138 (0.003406) Property Tax Bill Calculation =
Adopted /Proposed Tax Rate 0.660000 0.660000 - Home Value/$100 Taxable Value
X Tax Rate
Tax Bill with the NNR 1,144.59 1,199.92 55.33
Tax Bill with the 1,181.20 1,244.93 63.73
Adopted/ Proposed Tax Rate
Comparing the tax bill for FY2025-2026, the proposed tax rate bill estimate is $45 or 3.8% more annually over the
NNR tax bill. In the prior year, the adopted tax rate bill was $37 or 3.20% over the NNR tax bill.
General Residence Homestead Exemption
The City of Grand Prairie offers a general homestead exemption of 17.5% of the assessed value of qualifying homes from
taxation by the City. In order to qualify for this exemption, the property must be owned and occupied as the owner's
principal residence on January 1, and the application must be submitted by April 30th of the year for which the
exemption is requested. Once the exemption is granted, homeowners do not need to reapply on an annual basis. This
exemption can combine with the senior exemption and the senior freeze.
Over 65 & Disabled Persons Homestead Exemption
The City of Grand Prairie offers an additional exemption for homeowners aged 65 or older ($45,000) and for disabled
homeowners ($30,000). Property owners must apply for this exemption when turning 65 or for initial disabled
homeowner status. Once the exemption is granted, homeowners do not need to reapply on an annual basis.
Senior Freeze
The City of Grand Prairie offers additional taxpayer relief for homeowners aged 65 or older. After qualifying, the city
portion of the tax bill imposed may not increase as the base value prior to exemptions. The dollar amount is frozen as
long as the property remains the individual’s residence and has not increased in square footage. This exemption can
combine with the general homestead exemption and the senior homestead exemption.
Applying for Exemptions
To learn more about whether you may qualify for these or other exemptions, and to apply for these exemptions, please
contact or visit the website of the appraisal district in which you reside:
Dallas County Appraisal District https://www.dallascad.org/exemptions.aspx
Tarrant County Appraisal District https://www.tad.org/forms/homestead-exemption
Ellis County Appraisal District https://www.elliscad.com/forms
Johnson County Appraisal District https://johnsoncad.com/exemptions/
updated 09/09/2025
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