Grapevine-Colleyville ISD residents will pay roughly $246 less in property taxes for fiscal year 2025-26, following a property tax cut approved by the trustees at a Sept. 29 board meeting .

By the numbers

The new tax rate is roughly 5 cents lower than the prior year, at $0.8686 per $100 valuation. The new tax rate will lower property taxes for GCISD homeowners by about $246 a year for a home valued at $450,000, according to a presentation from GCISD Chief Financial Officer David Johnson.

GCISD Executive Communications Director Nicole Lyons added that GCISD residents will collectively save roughly $11 million over one year under the new rate.

The previous tax rate, adopted in November 2024, was $0.9233 per $100 valuation, according to district documents .

Diving deeper

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