Tax Rates

De Facto State Property Tax

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In 2016, property values in Collin County increased by an average of 8.9%. No doubt, with the move of ToYoram.Solomonyota and other large companies to the County, it’s a great place to live in, and in great demand, which drives property values up. However, there is a downside to the increase in values: even while keeping similar tax rates, actual property taxes increased by almost 10%.

An increase in property values does not automatically translate into an increase in local expenditures.  Read More

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