Page 281 - BudgetBookCover_FY26_Adopted.pdf
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ORDINANCE NO.  11761- 2025

                   AN ORDINANCE         OF THE CITY OF GRAND           PRAIRIE,  TEXAS,  ADOPTING
                   AND LEVYING       THE AD VALOREM         TAX OF THE CITY OF GRAND PRAIRIE,
                   TEXAS,  FOR THE FISCAL          YEAR 2025/ 2026 ON ALL TAXABLE           PROPERTY
                   WITHIN    THE CORPORATE         LIMITS   OF THE CITY ON JANUARY           1, 2025 NOT
                   EXEMPT      BY LAW;  PROVIDING        REVENUES      FOR PAYMENT        OF CURRENT
                   MUNICIPAL      EXPENSES AND FOR DEBT SERVICE ON OUTSTANDING                      CITY
                   OF GRAND      PRAIRIE    DEBT;  PROVIDING       FOR A SEVERABILITY          CLAUSE;
                   AND PROVIDING AN EFFECTIVE DATE

            WHEREAS, the City Council deems it in the public interest to adopt a tax rate for the Fiscal Year
            2025/ 2026.


            NOW, THEREFORE,         BE IT ORDAINED      BY THE CITY COUNCIL         OF THE CITY OF
            GRAND PRAIRIE, TEXAS:

            SECTION 1.  THAT by authority of the Charter of the City of Grand Prairie, Texas,  and the Laws of the
            State of Texas, there is hereby levied for the FY 2025/2026 on all taxable property situated within the
            corporate limits of the City of Grand Prairie on January 1,  2025,  and not exempt by the constitution and
            laws of the State of Texas or municipal  ordinance,  a tax of$ 0. 660000  on each $ 100 assessed value of all
            taxable property.

            SECTION 2.  THAT of the total tax, $ 0. 442425 of each$ 100 of assessed value shall be distributed to
            the General Fund of the City to fund maintenance and operation expenditures of the City.

            THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE                         AND OPERATIONS
            THAN LAST YEAR' S TAX RATE.

            THE TAX RATE WILL EFFECTIVELY               BE RAISED BY 8. 56 PERCENT        AND WILL RAISE
            TAXES FOR MAINTENANCE AND OPERATIONS ON A $100, 000 HOME BY
            APPROXIMATELY$         24. 40


            SECTION 3.  THAT of the total tax, $ 0. 217575 of each$ 100 of assessed value shall be distributed to
            pay the City's debt service as provided by Section 26.04( e)( 3) of the Texas Property Tax Code.


            SECTION 4.  THAT ad valorem taxes levied by this ordinance shall be due and payable on October 1,
            2025,  and shall come delinquent on February 1, 2026.

            SECTION 5.  THAT for enforcement of the collection of taxes hereby levied, the City of Grand Prairie
            shall have available all rights and remedies provided by law.

            SECTION 6. THAT if any section, subsection, paragraph, sentence, clause, phrase, or word in this
            ordinance,  or the application thereof to any person or circumstance,  is held invalid by any court of
            competent jurisdiction, such holding shall not affect the validity ofthe remaining portions of this
            ordinance and the City Council of the City of Grand Prairie, Texas, hereby declares it would have
            enacted such                    despite    such
                         remaining portions        any      invalidity.






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