Education
BY COLBY FARR
GCISD board certifies VATRE results
What’s next
and operations tax rate, which is expected to generate close to $6 million for the district’s daily operations. The results ratify the fiscal year 2024-25 property tax rate at $0.9233 per $100 valuation, about 0.15% lower than the FY 2023-24 rate. The average GCISD home is expected to save nearly $7 from the new rate.
Results of Grapevine-Colleyville ISD’s voter- approval tax ratification election are official after the board of trustees took action in November. The board of trustees voted unanimously to certify the results during its Nov. 18 meeting. For Grapevine-Colleyville ISD, the results ratify a 3-cent increase to its maintenance
School officials now have their eyes on Texas’ 89th legislative session, which is slated to start Jan. 14. The board approved a list of legislative priorities for the upcoming session that includes support for: • Increases to school funding • State mandates to be fully funded • Funding allotments based on costs • Improving teacher recruitment and retention • Reforming state accountability system The district’s priorities are aligned with the Texas School Coalition, which represents districts like GCISD that are required to share its local property tax revenue with the state.
GCISD tax rate
Average homeowner’s bill impact 2024 average taxable value of a home in GCISD: $485,971
(per $100 valuation)
M&O I&S
$0 $0.3 $0.6 $0.9 $1.2 $1.5
FY 2023-24 tax rate: $0.9247 Average tax bill: $4,493.77
FY 2024-25 tax rate: $0.9233 Average tax bill: $4,487
SOURCE: GCISD/COMMUNITY IMPACT PER $100 VALUATION
February 1st, 2025 Sponsorships Available Player Spots $1,000 Gallery Attendees $100 Saturday
Events@GRACEGrapevine.org Call 817-305-4653
8
COMMUNITYIMPACT.COM
Powered by FlippingBook