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Grapevine officials propose $262.4M budget, no-new-revenue tax rate

Grapevine’s property tax rate could decrease based on a plan presented by city officials during the Aug. 5 budget workshop.

The proposed fiscal year 2026-27 budget is $262.4 million, Chief Financial Officer Jeff Strawn said. Revenues are expected to be $265.69 million.

What you need to know: Expenditures for the FY 2026-27 budget are up 6.84%, compared to the $245.6 million that was adopted for the 2025-26 fiscal year.

The proposed tax rate for FY 2026-27 is $0.226817 per $100 valuation, which is the no-new-revenue rate. The proposed rate is a 4.4% decrease from the current tax rate of $0.237228 per $100 valuation.

Looking ahead: Grapevine officials plan to hold a public hearing on the proposed budget Sept. 1 before adopting it during the same meeting. The tax rate is scheduled to be adopted Sept. 15.

 
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Vidorra to serve street tacos, handcrafted margaritas in Grapevine

The fifth Vidorra location in Grapevine will open in late August.

What's on the menu: Vidorra’s menu includes street tacos, fajitas, aguachile, housemade guacamole and parrillada en fuego, an assortment of meat and vegetables served in a molcajete. The drink menu includes a selection of cocktails, such as noche tropical and Vidorra’s soft serve margarita, which combines soft serve ice cream and a frozen margarita.

The restaurant also offers a weekend brunch with options including chilaquiles, breakfast tacos and tableside mimosas.

What they're saying: “We’re incredibly excited to introduce Vidorra to the Grapevine community and open our fifth location,” Imran Sheikh, co-founder and CEO of Milkshake Concepts, said in the news release.

 
Neighboring News
Keller-based The Swirled Sip brings soft-serve cocktails, mocktails to events

The Swirled Sip, a mobile soft-serve cocktail business that can be booked for weddings, corporate events, private parties and celebrations, is now operational.

The concept was created by friends Cindi Coker and Nakami Stewart. Coker had a background in the events business, while Stewart is a veteran.

“We are just two best friends who are super creative with lots of life experience,” Coker said. “We just thought it would be a fun, exciting, creative way to bring something new to the event space.”

On the menu: Drink offerings include margaritas, espresso martinis, strawberry daiquiris, cosmopolitans, piña coladas, mimosas and lemon drops. There are also male-centered drinks like an old fashioned or Jack and Coke, Coker said.

Stewart and Coker made their own recipes and tried to apply the soft-serve concept to make it taste like a cocktail in soft serve form. They are now working on crafting a fall menu.

 
What's Next Wednesday
Celestica expansion, storage facility: Check out 5 of the latest construction projects filed around DFW

A tech company is expanding its Richardson facility and the Einstein Bros. Bagels Terminal A location at Dallas Fort Worth International Airport is set to undergo renovations. Check out some of the latest North Texas construction projects filed with the Texas Department of Licensing and Regulation.

1. Celestica expansion in Richardson: The tech company Celestica is expanding its Richardson facility with a new 225,000-square-foot building, according to TDLR documents. An estimated 2,300 jobs will be created in the process, according to previous Community Impact reporting.

  • Location: 2801 Telecom Parkway, Richardson
  • Estimated timeline: Sept. 3, 2026-March 15, 2027
  • Estimated cost: $70 million
2. New Advantage Storage in Frisco: The self-storage company Advantage Storage is opening a new location along Hollyhock Road. The location will come with two two-story buildings and two single-story buildings, per the TDLR filing.
  • Location: Southeast corner of US 380 and Hollyhock Road, Frisco
  • Estimated timeline: Oct. 1, 2026-Sept. 30, 2029
  • Estimated cost: $7.7 million

 

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