Good Morning, Grapevine, Colleyville & Southlake!

Top Story
Grapevine-Colleyville ISD maintains current tax rate for FY 2026-27

The fiscal year 2026-27 property tax rate for Grapevine-Colleyville ISD will remain unchanged from the rate used for fiscal year 2025-26.

Trustees approved a tax rate of $0.8686 per $100 valuation during the Aug. 24 meeting.

What you need to know: The tax rate is broken down into two components: maintenance and operations and interest and sinking. The maintenance and operations rate covers employee salaries and other general operating expenses. The interest and sinking rate is primarily used to repay debt.

The FY 2026-27 maintenance and operations component of the rate is $0.7054 per $100 valuation, which is a decrease from $0.7122 per $100 valuation for FY 2025-26. The interest and sinking component of the rate is $0.1632 per $100 valuation, which is an increase from $0.1564 per $100 valuation for FY 2025-26.

The impact: The tax bill for a median-valued residence, which is $372,466, would go from $3,522.05 in FY 2025-26 to $3,235.24.

 
SPONSORED HEADLINES
Coming Soon
Timberland to bring fashion, utility to Grapevine

Shoe and clothing brand, Timberland, is opening a location inside Grapevine Mills before the end of August.

What they offer: Best known for its original yellow boot, the company seeks to blend rugged outdoor quality and style. 

Timberland sells men's and women's footwear, as well as other clothing items and accessories like belts, hats and bags. The online store also has a section for more heavy duty workwear.

Also of note: The company also has environmental programs like using recycled materials and the Timberloop Takeback Program, which allows old and worn out Timberlands to be handed into stores in exchange for coupons, according to its website.

  • 3000 Grapevine Mills Parkway, Ste. 416, Grapevine
 
In Your Area
TCC trustees approve $429.4 M budget, proposed tax-rate increase for FY 2026-27

The Tarrant County College board of trustees approved a $429.4 million budget and a proposed tax-rate increase for the upcoming 2026-27 fiscal year at its Aug. 20 regular meeting.

The details: The budget will go into effect Sept. 1 and the proposed tax-rate increase will be voted on Sept. 10, according to board documents.

The FY 2026-27 budget will increase from last fiscal year’s budget of $415 million by 3.5% and prioritizes high-demand workforce programs, according to a TCC news release. Chancellor

Elva LeBlanc said at the meeting that the state underestimated how much colleges and universities would need in funding for the upcoming fiscal year.

Zooming in: TCC trustees also approved the consideration of raising the tax rate from $0.11228 to $0.12 per $100 valuation to help bridge the gap in finding.

The proposed rate would add $7.72 annually for every $100,000 in taxable value compared with the current rate. For a Tarrant County home with a taxable value of $350,000, the annual increase in TCC property taxes would be $27.02.

 

Your Weekend To-Do List

Check out these weekend events across the metro area.

Movie night

North Texas Fair & Rodeo

Aug. 28, 7-9 p.m.
Frisco

Aug. 28-30, times vary
Denton

More info

More info

 

Downtown McKinney scavenger hunt

Grapevine ghosts tour

Aug. 29, 8 a.m.-6 p.m.
McKinney

Aug. 28, 7 p.m.
Grapevine

More info

More info

 
To submit your own event, click here.

CI Texas
Texas Department of Insurance must work to reduce home insurance costs, Gov. Abbott says

The Texas Department of Insurance must take action to promote competition and “prohibit excessive or unfairly discriminatory rate setting" in the state's homeowners insurance market, Gov. Greg Abbott said Aug. 24.

The background: Texans are paying the fourth-highest home insurance premiums in the nation, Community Impact previously reported. State data shows that the average Texas home insurance premium nearly doubled from $1,791 in 2016 to $3,506 in 2025.

The details: Abbott asked the TDI to prohibit insurers from using the age of a home and homeowners' personal data when setting rates; create a task force targeting insurance fraud; study the impact of inflated insurance claims; and require insurers to consider a homeowner's participation in a roof fortification program when writing policies.

Another perspective: "Under Greg Abbott, Texas has been one of the most expensive states in the country to own and maintain a home," Gina Hinojosa, the Democratic candidate for Texas governor, said in a statement. "If Abbott really wanted to lower costs, he would have done it in the last 12 years."

 

Your local team

Connor Pittman
Editor

Lexi Canivel
General Manager

Email [email protected] for story ideas, tips or questions.

Keep Reading

View more
caret-right

(512) 989-6808

TERMS OF SERVICE | PRIVACY POLICY

© 2005-2025 Community Impact Newspaper Co. All rights reserved.