In a recent public hearing, the Grand Prairie City Council addressed significant financial matters, including the approval of the 2024 tax roll, which is essential for funding city operations and debt obligations. The proposed tax levy totals $166,608,144, based on certified appraisal values, ensuring the city can maintain necessary services and support key projects.

During the meeting, concerns were raised regarding the removal of two large apartment complexes from the tax rolls, which has sparked debate among council members. The properties, located at 101 Westchester and 10161, are being transitioned to a new ownership structure that qualifies them for a payment in lieu of taxes (PILOT) program, aimed at creating workforce housing. This program allows for reduced rent for tenants earning 80% or less of the median income.

Council members expressed frustration over the implications of this state law, which they argue disproportionately affects local taxpayers while benefiting property owners. The council is planning to engage with state legislators, including Senator Royce West and Representative Chris Turner, to address these concerns in the upcoming legislative session.

Despite the challenges, some council members highlighted the proactive steps taken by the Grand Prairie Housing Finance Corporation, which opted to manage the properties locally rather than allowing them to fall under the jurisdiction of other cities' housing finance corporations. This decision ensures that the city will receive some financial compensation through the PILOT program, although the exact amount remains uncertain until the property sale is finalized.

The council's discussions reflect ongoing tensions between local governance and state regulations, as they navigate the complexities of housing policy and its impact on the community's financial landscape.