Grapevine - Colleyville - Southlake | October 2022

CITY & SCHOOLS

News from Grapevine, Colleyville, Southlake & Grapevine-Colleyville ISD

Colleyville City Council Meets at 7 p.m. Oct. 3, 18 www.colleyville.com Grapevine City Council Meets at 7:30 p.m. Oct. 4, 18 www.grapevinetexas.gov Southlake City Council Meets at 5:30 p.m. Oct. 4, 18 www.cityofsouthlake.com MEETINGS WE COVER Tarrant County Commissioners Court Meets at 10 a.m. Oct. 4, 11, 18, 25 www.tarrantcounty.com Carroll ISD Meets at 5 p.m., Oct. 17 CITY HIGHLIGHT SOUTHLAKE The crime control and prevention district operating budget was approved by Southlake City Council on Sept. 6. Budget highlights include $102,100 for a new K9 dog to replace a retiring four-legged ocer. More than $550,000 was also approved for three school resource ocers at Florence Elementary School and a new SRO captain.

District approves property tax rate

City residents will see $2.50 rise in trash pickup rates by 2024

City Council approves no-new-revenue tax rate for fth scal year

Council unanimously approved a $25.3 million budget and a tax rate of $0.2656 per $100 valuation for scal year 2022-23 during its Sept. 20 meeting. Finance Director Kyle Lester said the city is expecting $26.2 million in revenue, the presenta- tion stated. The largest portion of revenue is $15.9 million from ad valorem taxes, or property tax collections. The next largest portion is $4.9 mil- lion from sales tax, according to city documents. Total expenditures are projected to be $25.3 million. Lester said the expected remaining revenue of $930,361 will be moved to the city’s capital improvement fund.

BY HANNAH JOHNSON

highest tiers of service in the metro- plex area,” Grapevine Environmental Manager Dewey Stoels said at the meeting. The 2023 residential rate for waste and recycling services will be $16.91 per month, according to a city memo. In 2024, the rate will increase to a monthly charge of $18.29. Grapevine’s trash rate is currently $15.79 per month.

PAYING MORE FOR PICKUP

GRAPEVINE City Council approved renewing the franchise agreement with Republic Services for waste and recycling services at its Sept. 6 meeting. The agreement is a 10-year contract to provide services for resi- dential and commercial customers in the city. “The city of Grapevine residents will continue to receive one of the

BY HANNAH JOHNSON

Here’s a breakdown of the trash/ recycling service rates in nearby cities after Grapevine approved a new rate starting in 2023.

GRAPEVINECOLLEYVILLE ISD The school district is lowering the tax rate by 15 cents for scal year 2022-23. At the Sept. 25 meeting, the board of trustees unanimously approved a tax rate of $1.1308 per $100 valuation for scal year 2022-23. The FY 2021- 22 tax rate is $1.2751 per $100 valuation. The tax rate is broken into two buckets, GCISD Chief Financial Ocer DaiAnn Mooney said in the meeting. The rst bucket, the maintenance and operations, or M&O, tax rate covers payroll, utilities, the district’s recapture payment and other daily operating costs. The M&O rate is $0.9091 per $100 valuation for FY 2022-23. The second bucket is the debt service tax rate that pays for voter-approved bonds and is $0.2217 per $100 valuation. On the average home in 2022, the GCISD tax bill under the new rate would be $4,902, Mooney said. Mooney said residential property values increased from $8.96 billion to $9.76 billion. For commercial properties, values increased from $8.62 billion to $9.18 billion.

BY HANNAH JOHNSON

COLLEYVILLE City Council popped confetti cannons after adopting a no-new-revenue prop- erty tax rate for the fth year in a row. “Colleyville is blessed again,” Mayor Bobby Lindamood said.

Colleyville $16.76

The city of Colleyville approved a lower tax rate for the 2022-23 scal year for the fth year in a row. Tax rate is per $100 valuation.

$5.4 million from other sources

$0.3208

2018-19

$26.2M in expected revenue

2019-20

$0.3068

Grapevine $16.91

2020-21

$0.3043

Bedford $14.73

2021-22

$0.2917

www.southlakecarroll.edu Grapevine-Colleyville ISD Meets at 7 p.m., Oct. 24 www.gcisd.net

$4.9 million from sales tax

2022-23

$0.2656

$15.9 million from ad valorem taxes

SOURCE: CITY OF GRAPEVINE COMMUNITY IMPACT

Residents can choose from two sizes of containers. (Hannah Johnson/Community Impact)

SOURCE: CITY OF COLLEYVILLECOMMUNITY IMPACT

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