Page 7 - CityofGrapevineFY26AdoptedBudget

FY2026 Budget in Brief KEY EXPENSES

CITYWIDE FOCUS AREAS PUBLIC TOURISM
SAFETY
Focus areas unify the organization and serve as the basis of departmental goals, objectives, and $33.8M
performance measures. $50.4M
SAFETY AND SECURITY FINANCIAL STABILITY TOURISM INFRASTRUCTURE
HIGH SERVICE LEVELS/
TRANSPORTATION
QUALITY OF LIFE
CITYWIDE VISION PARKS & MASS TRANSIT
RECREATION (TEXRAIL)
To maintain Grapevine as a safe, livable, vibrant community and world-class tourist destination
$19M $14.8M
PROPERTY TAXES
On September 2, Grapevine City Council adopted the FY2026 operating budget, which included a
property tax rate decrease further enhancing Grapevine's value. A single-family homeowner will pay an STREET WATER
average property tax bill of $945* to the City of Grapevine. UTILITY
MAINTENANCE/
$943÷12month=$79 $144 per month IMPROVEMENTS CAPITAL
$79 per month pays for fire department, is the average cost for internet $2.2M PROJECTS
library, parks & recreation, public works, and phone in Texas** $20M
police admin., animal services, community
outreach center, and more
KEY REVENUES

SALES & USE CHARGES FOR
Property Value
TAX SERVICES
As home values $87.8M $76.4M
rise, Grapevine
has lowered the
property tax rate
13% since 2021
AD VALOREM HOTEL
(PROPERTY OCCUPANCY
Property Tax
Rate TAX) TAX
$29.4M $22.4M
*Avg. Net Taxable Value $397,736; **Forbes.com

FY26 Budget in Brief 11x17

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