Notice of Tax Rates - 2025

Published on August 05, 2025

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Download the 2025 Notice of Tax Rates Here(PDF, 55KB)

Property tax rates in the City of Grand Prairie.

This notice concerns the 2025 property tax rates for City of Grand Prairie. This notice provides information about two tax rates used in adopting the current tax year's tax rate. The no-new-revenue tax rate would impose the same amount of taxes as last year if you compare properties taxed in both years. In most cases, the voter-approval tax rate is the highest tax rate a taxing unit can adopt without holding an election. In each case, these rates are calculated by dividing the total amount of taxes by the current taxable value with adjustments as required by state law. The rates are given per $100 of property value. 

This year's no-new-revenue tax rate       $0.636138/$100
This year's voter-approval tax rate      $0.660061/$100

 

 

To see the full calculations, please visit https://www.gptx.org/ for a copy of the Tax Rate Calculation Worksheet.

Unencumbered Fund Balance

The following estimated balances will be left in the taxing unit's accounts at the end of the fiscal year. These balances are not encumbered by corresponding debt obligation.

 Type of Fund  Balance 
 General Fund   $52,000,000
 Debt Service  $1,987,290
 
 

Current Year Debt Service

The following amounts are for long-term debts that are secured by property taxes. These amounts will be paid from upcoming property tax revenues (or additional sales tax revenues, if applicable). 

 Description of Debt  Principal or Contract Payment to be Paid from Property Taxes  Interest to be Paid from Property Taxes   Other Amounts to be Paid   Total Payment
 2025 Debt  $35,105,000 $20,407,411 $459,000 $55,971,411
 
 
Total required for 2025 debt service $55,971,411
- Amount (if any) paid from funds listed in unencumbered funds $0
- Amount (if any) paid from other resources $2,603,034
- Excess collections last year $3,757,186
= Total to be paid from taxes in 2025 $49,611,191
+ Amount added in anticipation that the unit will collect only 100.73% of its taxes in 2025  $-359,538
= Total debt levy $49,251,653

 

 

This notice contains a summary of actual no-new-revenue and voter-approval calculations as certified by John R. Ames, PCC, CTA, Tax Assessor/Collector on 08/05/2025 .

Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your property.

The 86th Texas Legislature modified the manner in which the voter-approval tax rate is calculated to limit the rate of growth of property taxes in the state. 

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