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Grapevine City Council approves lower tax rate, $245M budget for FY 2025-26

Grapevine residents and business owners will see a small decrease in the ad valorem tax rate in fiscal year 2025-26.

During the Sept. 16 council meeting, a rate of $0.237228 per $100 valuation was approved. That is a decrease from last year’s amount of $0.241165 per $100 valuation. According to city documents, that is $0.059338 less than the calculated voter-approval tax rate.

The details: The ad valorem tax rate is comprised of two parts: the debt service rate and operation and maintenance, or O&M.

The O&M rate is $0.134431 per $100 valuation and the debt service rate is $0.102797 per $100 valuation, according to city documents.

A closer look: This year’s budget, spread between 13 funds, is $245.6 million. That is up $4 million from last year’s budget. The general fund of $87.6 million is a decrease of nearly $1 million compared to $88.5 million that was approved last year, according to previous reporting.

 
Coming Soon
Luxury garage space WorldClass Garages to open in Southlake in 2026

A new luxury garage space, WorldClass Garages, is opening in Southlake next summer.

The details: WorldClass Garages developer and owner Gary Shimmin said a luxury garage space offers a place for car enthusiasts to keep their vehicles and customize their own space. The Southlake Chamber of Commerce hosted a groundbreaking ceremony for WorldClass Garages Sept. 30 after construction for the facility started in August.

  • 890 Davis Blvd., Southlake

 
Can't-Miss Coverage
Nonprofit Call a Ride Southlake celebrates 25th anniversary

Call a Ride Southlake, a nonprofit that provides car rides for those in need in Southlake, celebrated its 25th anniversary in August.

The overview: CARS executive director Erik Phelps said there have been more than 250,000 rides and 36,000 riders over the past 25 years.

Phelps said the nonprofit organization was formed in 1999 when a group of Southlake retirees noticed members of their group had stopped showing up to their regular get-togethers, according to previous reporting.

What they're saying: “We desperately need more volunteers,” he said. “Ten or 20 more volunteers and we would be in great shape. It would not only alleviate the unmet rides, but it also means everybody would share the load and the load would be a little bit lighter.”

The details: The nonprofit provides rides to Southlake residents for up to 7 miles one-way for non-medical trips and up to 25 miles, one way, for non-emergency medical rides, Phelps said.

 
CI Texas
H-E-B president to retire, chief operating officer to step into the role

A San Antonio-based grocery chain with a stronghold across Texas is now facing a change in leadership.

In case you missed it: H-E-B President Craig Boyan announced his intention to step down from his role, effective in January 2026.

He’ll subsequently retire at the end of next year, according to a Sept. 30 news release from the company.

As a result, current H-E-B Chief Operating Officer Roxanne Orsak will take his place.

Zooming in: Orsak started her career at H-E-B in 1988 as a store manager, rising through the ranks to become the COO in 2022, according to the release.

“I am honored to continue to shape the future of this great company with integrity, heart and a relentless pursuit of excellence,” Orsak said.

The context: The leadership change comes in tandem with H-E-B’s continued expansion in Texas.

New storefronts in San Antonio, Georgetown, Prosper and more have opened within the last two months, as previously reported by Community Impact.

 

Your local team

Gabby Bailey
Editor

Lexi Canivel
General Manager

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