Discussion and Possible Approval of Tax Rate Adoption Taxpayer Impact Statement (Pursuant to Texas Government Code 551.043(c)(2)) Collin County - Fiscal Year (Tax Year): FY 2025-2026 (TY 2025) Tax Rate per $100 of Value: Adopted 2025 Tax Rate: $1.2077 Median Market Value: $356,412 Median Taxable Value after Homestead and Estimated Property Tax Bill: $214,426 Estimated Property Tax Bill- $2,589.62
Staff Report & Agenda Item Details
7.B.7. Discussion and Possible Approval of Tax Rate Adoption Taxpayer Impact Statement (Pursuant to Texas Government Code 551.043(c)(2)) Collin County - Fiscal Year (Tax Year): FY 2025-2026 (TY 2025) Tax Rate per $100 of Value: Adopted 2025 Tax Rate: $1.2077 Median Market Value: $356,412 Median Taxable Value after Homestead and Estimated Property Tax Bill: $214,426 Estimated Property Tax Bill- $2,589.62 Fiscal Year (Tax Year): FY 2026-2027 (TY 2026) Tax Rate per $100 of Value: Proposed 2026 tax rate based on the proposed budget for 2026-27: $1.2011 Median Market Value: $321,471 Median Taxable Value after Homestead and Estimated Property Tax Bill: $181,471 Estimated Property Tax Bill- $2,179.65 Hunt County - Fiscal Year (Tax Year): FY 2026-2027 (TY 2026) Tax Rate per $100 of Value: Proposed 2026 tax rate based on the proposed budget for 2026-27: $1.2011 Median Market Value: $264,319 Median Taxable Value after Homestead and Estimated Property Tax Bill: $127,164 Estimated Property Tax Bill-$1,535.76 Fiscal Year (Tax Year): FY 2026-2027 (TY 2026) Tax Rate per $100 of Value: Proposed 2026 tax rate based on the proposed budget for 2026-27: $1.2011 Median Market Value: $248,385 Median Taxable Value after Homestead and Estimated Property Tax Bill: $108,546 Estimated Property Tax Bill- $1,303.75