Grapevine - Colleyville - Southlake | December 2025

BY HEATHER MCCULLOUGH

How it works

Looking ahead

uses, she said. Grapevine-Colleyville ISD will contribute $27.68 million in increased property taxes to the TIF fund through 2030, Ayala said Nov. 5. Tarrant County College will contribute $3.36 million until 2030. If the TIF revenue ended in 2030, Colleyville wouldn’t receive revenue from rising property val- ues in these zones because of the state’s tax cap, Colleyville City Manager Jerry Ducay said Nov. 5.

When a TIF zone is created, the value of the existing property is set as the zone’s base value, said Natalie Ayala, Colleyville’s TIF consultant. When the boundaries see new development, the value rises. The taxes generated above the base value nance projects within that zone. Ayala projected the amount of property taxes generated with new development from 2026-34 will be $344 million. These projections include a luxury resort hotel, retail, oces and industrial

Ocials detailed the $147.7 million plan, but the funds remain exible, Ayala said. The revenue will fund projects like the reconstruction of Cheek-Sparger Road, Wood said.

Colleyville’s TIF nancial plan

Roadway improvements: $51.7M

Economic development grants: $35M Public improvements: $33M Trails and public amenities: $14.7M School improvements: $7.93M Operating reinvestment

TIF funds received since scal year 202021

Key:

TIF No. 1 TIF No. 1A

$8M

$6.96M $90.5K

$6.53M $79.4K

$67K

$6.18M $71.3K

$6.13M $67.6K

$6M

$6.33M

zone project facilities: $3.6M Administrative Costs: $1.7M

$4M

$6.4M total

$6.19M total

$6.26M total

$6.61M total

$7.05M total

$2M

Total: $147.7M

FY 2021-22

FY 2022-23

FY 2023-24

FY 2024-25

FY 2025-26

SOURCES: CITY OF COLLEYVILLE, PETTIT & AYALA CONSULTINGCOMMUNITY IMPACT

NOTE: FIGURES HAVE BEEN ROUNDED.

SOURCES: CITY OF COLLEYVILLE, PETTIT & AYALA CONSULTINGCOMMUNITY IMPACT

NOTE: FIGURES HAVE BEEN ROUNDED.

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