{"id":203094,"date":"2025-09-05T19:36:15","date_gmt":"2025-09-05T19:36:15","guid":{"rendered":"https:\/\/www.europesays.com\/us\/203094\/"},"modified":"2025-09-05T19:36:15","modified_gmt":"2025-09-05T19:36:15","slug":"colleyville-homeowners-likely-to-see-a-12-7-property-tax-rate-increase-for-the-new-year","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/203094\/","title":{"rendered":"Colleyville homeowners likely to see a 12.7% property tax rate increase for the new year"},"content":{"rendered":"<p>Editor\u2019s note: Transcript provided by <a href=\"https:\/\/fortworthreport.org\/2025\/08\/29\/new-fort-worth-ai-firm-offers-way-to-report-on-thousands-of-public-meetings\/\" target=\"_blank\" rel=\"noopener\"><strong>CoverGov<\/strong><\/a><strong>.<\/strong><\/p>\n<p>Colleyville homeowners will likely see a 12.7% increase in their property tax rate for the fiscal 2025-26 year after the City Council approved a resolution Aug. 19.<\/p>\n<p>But the state\u2019s <a href=\"https:\/\/legiscan.com\/TX\/bill\/SB4\/2025\" target=\"_blank\" rel=\"noopener\"><strong>increased<\/strong> <strong>homestead tax exemption<\/strong><\/a>, which Gov. Greg Abbott signed into law this summer, \u201chelps offset this increase,\u201d the City of Colleyville said.<\/p>\n<p>The City Council will hold a public hearing for the proposed tax rate Sept. 3, and vote to <a href=\"https:\/\/www.colleyville.com\/home\/showpublisheddocument\/13021\/638907587397070000\" target=\"_blank\" rel=\"noopener\"><strong>adopt the budget<\/strong><\/a> Sept. 16. The total proposed budget is $94 million, including a $31.3 million general fund.<\/p>\n<p>The proposed tax rate for 2026 is $0.311 per $100 of value assessed for tax purposes.<\/p>\n<p>The city tax rate for the<a href=\"https:\/\/www.colleyville.com\/home\/showpublisheddocument\/13027\/638912878584465694\" target=\"_blank\" rel=\"noopener\"> <\/a>current year is 0.276 per $100 of assessed value for tax purposes.<\/p>\n<p>The average homestead<a href=\"https:\/\/www.colleyville.com\/home\/showpublisheddocument\/13027\/638912878584465694\" target=\"_blank\" rel=\"noopener\"> <\/a>taxable value for 2025 is $705,492.<\/p>\n<p>Sales tax collections for August (reflecting June sales) were up by 7.75% year-over-year and 5.01% year-to-date.<\/p>\n<p>Eric Zarate is a freelance journalist. If you believe anything in these notes is inaccurate, please email us at scott.nishimura@fortworthreport.org with \u201cCorrection Request\u201d in the subject line.<\/p>\n<p>\n\tRelated\n<\/p>\n<p>Fort Worth Report is <a href=\"https:\/\/fortworthreport.org\/2024\/08\/25\/fort-worth-report-achieves-global-trust-certification-heres-what-it-means-for-our-community\/\" target=\"_blank\" rel=\"noopener\">certified by the Journalism Trust Initiative<\/a> for adhering to standards for ethical journalism.<\/p>\n<p>Republish This Story<\/p>\n<p><a class=\"license\" rel=\"noreferrer license noopener\" target=\"_blank\" href=\"https:\/\/creativecommons.org\/licenses\/by-nd\/4.0\/\"><img loading=\"lazy\" decoding=\"async\" width=\"88\" height=\"31\" alt=\"Creative Commons License\" style=\"border-width:0\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/1750614464_36_cc-by-nd-4.0.png\"\/><\/a><\/p>\n<p>Republishing is free for noncommercial entities. Commercial entities are prohibited without a licensing agreement. Contact us for details. <\/p>\n<p>\n\t\t\t\t\t\t\tScott Nishimura is a longtime Fort Worth journalist, serving in roles as a reporter and editor for the Fort Worth Star-Telegram, Fort Worth Business Press, and Fort Worth, Fort Worth Inc. and 360West magazines&#8230;.\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"author-link\" href=\"https:\/\/fortworthreport.org\/author\/scott-nishimura\/\" rel=\"author noopener\" target=\"_blank\"><br \/>\n\t\t\t\t\t\t\t\tMore by Scott Nishimura\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Editor\u2019s note: Transcript provided by CoverGov. Colleyville homeowners will likely see a 12.7% increase in their property tax&hellip;\n","protected":false},"author":3,"featured_media":203095,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5138],"tags":[5229,13470,14614,7371,14615,14616,7372,358,3187,67,586,132,5230,68,2969],"class_list":{"0":"post-203094","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-fort-worth","8":"tag-america","9":"tag-colleyville","10":"tag-documenters","11":"tag-fort-worth","12":"tag-fort-worth-documenters","13":"tag-fort-worth-report-documenters","14":"tag-fortworth","15":"tag-texas","16":"tag-tx","17":"tag-united-states","18":"tag-united-states-of-america","19":"tag-unitedstates","20":"tag-unitedstatesofamerica","21":"tag-us","22":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115153376668200938","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/203094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=203094"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/203094\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/203095"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=203094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=203094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=203094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}