Saturday, July 2, 2011

Fort Worth Has Region's Highest Tax Rate

The City of Grapevine sent around its July/August newsletter and on the cover was a graph showing tax rates in the region. Grapevine of course had the lowest tax rate, on the chart at least, but the highest tax rate may come as some surprise. No, it's not Southlake or Colleyville, it's Fort Worth. The publication notes that for a city its size, Grapevine is heavily reliant on sales tax and attracting businesses that provide amenities as well as bring in sales tax have been used to keep property tax rates low. 

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