Fiscal Year 2025-2026 Tax Rate Approved

On September 2, 2025 the Granbury City Council ADOPTED A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE.  

THE TAX RATE WILL EFFECTIVELY BE RAISED BY 24.38 PERCENT AND WILL RAISE TAXES FOR MAITENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $48.42.

THE TOTAL PROPERTY TAX RATE OF $0.420000 APPROVED BY THE COUNCIL IS EFFECTIVELY AN INCREASE OF 6.59 PERCENT OVER THE NO NEW REVENUE RATE.

FY 2025-2026 Adopted Budget

2025 Adopted Tax Rate                            $0.420000 per $100
Preceding Year’s Tax Rate                          $0.385000 per $100
No-New-Revenue Tax Rate                        $0.394024 per $100

Voter-Approval Tax Rate                            $0.520903 per $100

The No-New-Revenue tax rate is the total tax rate needed to raise the same amount of property tax revenue for City of Granbury from the same properties in both the 2024 tax year and the 2025 tax year.

2025 Tax Calculation Worksheet

Prior Fiscal Year Tax Rate Info:

2024 Tax Rate

On September 3, 2024 the Granbury City Council voted to adopted a tax rate of $0.38500 per $100 valuation.  

2024 Tax Rate Notice