NOTICE OF PUBLIC HEARING ON TAX INCREASE A tax rate of $0.660000 per $100 valuation has been proposed by the governing body of City of Grand Prairie. PROPOSED TAX RATE $0.660000 per $100 NO-NEW-REVENUE TAX RATE $0.636138 per $100 VOTER-APPROVAL TAX RATE $0.660061 per $100 The no-new-revenue tax rate is the tax rate for the 2025 tax year that will raise the same amount of property tax revenue for City of Grand Prairie from the same properties in both the 2024 tax year and the 2025 tax year. The voter-approval rate is the highest tax rate that City of Grand Prairie may adopt without holding an election to seek voter approval of the rate. The proposed tax rate is greater than the no-new-revenue tax rate. This means that City of Grand Prairie is proposing to increase property taxes for the 2025 tax year. A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON September 16, 2025 AT 6:30 pm AT 300 West Main Street, Grand Prairie, TX 75050. The proposed tax rate is not greater than the voter-approval tax rate. As a result, City of Grand Prairie is not required to hold an election at which voters may accept or reject the proposed tax rate. However, you may express your support for or opposition to the proposed tax rate by contacting the members of the City of Grand Prairie City Council of City of Grand Prairie at their offices or by attending the public hearing mentioned above. YOUR TAXES OWED UNDER ANY OF THE RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS: Property tax amount= (tax rate) x (taxable value of your property)/100 FOR the proposal: Ron Jensen, Junior Ezeonu, Kurt Johnson, Jorja Clemson, Jacquin Headen, Mike Del Bosque, Tony Shotwell AGAINST the proposal: PRESENT and not voting: ABSENT: Bessye Adams, John Lopez 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. The following table compares the taxes imposed on the average residence homestead by City of Grand Prairie last year to the taxes proposed to be imposed on the average residence homestead by City of Grand Prairie this year. 2024 2025 Change Total tax rate (per $100 $0.660000 $0.660000 increase of 0.000000 per $100, or of value) 0.00% Average homestead $220,769 $233,972 increase of 5.98% taxable value Tax on average $1,457.08 $1,544.22 increase of $87.14, or 5.98% homestead Total tax levy on all $140,789,094 $149,401,371 increase of $8,612,277, or 6.12% properties Average homestead value for Dallas County For assistance with tax calculations, please contact the tax assessor for City of Grand Prairie at 972- 237-2006 or visit https://www.gptx.org/ for more information.