Page 69 - CityofGrapevineFY26AdoptedBudget

REVENUE DRIVERS AND ASSUMPTIONS

AD VALOREM (PROPERTY TAXES)

Property taxes are determined by the appraised value of taxable property within the city and the rate of taxation levied by the city. The tax rate is
assumed to remain at the current rate of $0.237228 per $100 of valuation or less throughout the three-year forecast window. The net taxable value
(NTV) of all property within the city increased by $1.6 billion (13%) in 2025. While NTV will likely continue an upward trajectory, the revenue received is
projected to increase by no more than 3.5% annually due to state-mandated caps on property tax revenue growth

SALES TAX
Beginning in FY21, Grapevine’s sales tax collections grew sharply resulting in near pre-pandemic collection rates. This trend has continued through FY22,
FY23 and FY24. However, in FY25 and FY26 this trend is expected to maintain current levels resulting in reduced gains in sales taxes.

General Fund Sales Tax Collections
$40M

$30M
GENERAL FUND
$20M

$10M

$0
Actuals - FY2021 Actuals - FY2022 Actuals - FY2023 Actuals - FY2024 Adopted - FY2025 Estimated - FY2025 Adopted - FY2026
Data Updated: Dec 08, 2025, 4:13 PM

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