Grayson millage rate remains the same for third year

The Grayson City Council voted recently to keep the city’s millage rate for property taxes at 2.10 mills. This is the third year in a row without a millage rate increase. Thanks to new home construction and commercial growth, the city still anticipates collecting an additional $65,797 in revenue, a 23.52 percent increase. Grayson’s property taxes fund storm water drainage, streetlights, sanitation, recycling and yard pickup service.

Homeowners with a $250,000 appraised value can expect to pay about $210 in city taxes.

Next up, Grayson officials will hold public meetings on the proposed 2017-2018 budget at 6 p.m. Aug. 14 and before adopting the budget at 7 p.m. Aug. 21 at City Hall, 475 Grayson Parkway. Budget information will be available July 31 to the city council and Aug. 7 to the public online and at city hall.