The Carroll ISD board of trustees unanimously approved a new property tax rate of $.9269 per $100 taxable valuation at its Aug. 17 meeting, lowering the rate for the 12th consecutive time since the 2015-2016 school year. 

The details: Tax rates are made up of two components, maintenance and operations, M&O, and interest and sinking, I&S.

M&O rates fund the daily operations costs like salaries, supplies and utilities. The M&O tax rate is staying the same at $0.6853 per $100 valuation.
I&S, or debt service fund rates, are used to repay debt from bonds. The I&S tax rate is dropping from $0.2441 per $100 valuation to $0.2416 per $100 valuation.

What it means: The current tax rate is the lowest in the district’s history, according to district documents.

The average taxable value of residences has also decreased from $997,452 to $995,831. While taxable values can vary between properties, a homeowner with the average taxable value would save around $15 on property taxes, according to CISD.

A new Sky Zone location is set to open next year in Grapevine Towne Center.

What they offer: Sky Zone offers attractions such as open jump trampolines, ultimate dodgeball and a trampoline basketball court, according to its website. Franchise owner Chalmer McWilliams said design work on the park is still ongoing.

The business also hosts birthday parties and group events.

Quote of note: “Grapevine has everything we were looking for including steady growth and a community with a real appetite for activities families can enjoy together,” McWilliams said in an email.

• 1317 W. SH 114, Grapevine

A new eight-home single-family development called Bridlegate, which sits on 9.5 acres, is planned for north Southlake.

City Council members approved a revised concept plan for the neighborhood by a 5-2 vote, with council members Frances Scharli and Gary Fawks voting against it, during the Aug. 4 meeting. 

What you need to know: Bridlegate will include eight lots for single-family homes, each of which will be on at least 1 acre, according to city documents. Five of the lots will be accessed through a private street, one from West Bob Jones Road and the remaining two from North White Chapel Boulevard.

The property will have two retention ponds to help deal with drainage on the property, per city documents. Based on the applicant’s concept plan, the gated entrance could include a water feature and a landscaped buffer.

More details: Homes within Bridlegate are expected to start around $4.5 million, a representative for the developer said.

Tarrant County College is in the process of constructing a new science building and a master-planned community is in development in Celina. Check out some of the latest construction permits filed with the Texas Department fo Licensing and Regulation.

1. Tarrant County College Northeast Campus Science Building: Tarrant County College is constructing a three-story instructional science building with labs, space for student collaboration and faculty office space per a TDLR filing. The new building is part of an $825 million bond program approved by voters in 2019, per previous reporting.

• Location: 828 W. Harwood Road, Hurst
• Estimated timeline: July 1, 2026
• Estimated cost: $85 million

• Location: 913 Cheek Sparker Road, Colleyville
• Estimated timeline: Sept. 1 2026-Oct. 30, 2028
• Estimated cost: $63 million