American Heart Assoc.

Values rise for taxes

by | Jul 30, 2015 | Latest

By Wyndi Veigel

News Editor

[email protected]

Figures released by the Collin County Central Appraisal District show Farmersville’s tax roll increased by 5.4 percent this past year.

For the city of Farmersville, this amount means a little bit more in the general fund and more money in the budget for services.

Farmersville’s taxable property is valued at $170, 238,796 compared to the certified tax value of $161,401,188 in 2014, an increase of 5.4 percent.

New construction for the city of Farmersville is listed at $ $1,852,155.

The average single-family home price in Farmersville is $101,044.

Farmersville ISD’s tax rolls also increased 7.24 percent – from $374,190,642 in 2014 to $400,427,878 this year.

One interesting part of the tax roll equation this year is an additional $10,000 Homestead Exemption, which will be on the November ballot. However, if approved, it will be retroactive, affecting the state funding side of the ISD equation for FY 2015 – ’16.

New construction in FISD is listed as $12,487,065 for 2015.

The average single-family home price in FISD is $126,245.

Overall, Collin County’s tax value increased more than 11 percent. The taxable value was $86,849,436,211 in 2014 compared to $96,433,393,919 this year.

For Collin College, tax values increased by 11.30 percent.

In 2015, the Collin College taxable value was $99,367,281,589 compared to the amount of $89,278,601,820 in 2014.

Cities and school boards use tax rolls to build their fiscal year budgets.

Owners had until June 1, or 30 days after the date on the appraisal notice, whichever is later, to file protests on the appraised value of their property.

Property value is determined by size, location and condition, according to information from the appraisal district.

Property is reappraised at least every three years. Reappraisals consist of drive-by evaluations.

For more information about tax appraisals, call the appraisal district at 469-742-9200, or toll free at 866-467-1110 or by going to www.collincad.org.

 

 

 

American Heart Assoc.

0 Comments

Related News

Top two will lead FHS Class of 2024

Top two will lead FHS Class of 2024

Farmersville High School’s top two academic finishers are heading in different directions in pursuit of the same goal. They are seeking successful careers in divergent occupations. The FHS Class of 2024 valedictorian is Mariana Arteaga, the daughter of Javier and...

read more
Igniting a new beginning

Igniting a new beginning

One year ago, Collin County Sheriff Jim Skinner announced plans to reduce recidivism rates among inmates by offering a program where they can learn better life skills, improve their education and learn a trade. “Too often, we see generations of a family stuck in that...

read more
Homeless count drops in Collin, Dallas Counties

Homeless count drops in Collin, Dallas Counties

Housing Forward and the All Neighbors Coalition announced the third consecutive year of reductions in homelessness in Dallas and Collin counties, including the lowest total number of people experiencing homelessness in nearly a decade. Announced at the State of...

read more
Bois d’ Arc Lake beckons water enthusiasts

Bois d’ Arc Lake beckons water enthusiasts

After 20 years of planning and four years of construction, Texas’ first major reservoir to be built in more than three decades glistens in the sun as a recreational beacon. The North Texas Municipal Water District (NTMWD), based in Wylie, owns and operates Bois d’Arc...

read more
Farmersville property values up 2.63% in city

Farmersville property values up 2.63% in city

Once again, Collin County property values are generally higher, according to 2024 certified estimated taxable values released by Collin Central Appraisal District (CCAD). However, the average market value of homes decreased slightly in the city of Farmersville and...

read more
Fire department says no need for alarm

Fire department says no need for alarm

The Farmersville Fire Department has been without its two major pieces of firefighting equipment. Residents, though, shouldn’t worry about whether the city’s emergency response capability has been compromised, according to Fire Chief Gregg Massey. The fire...

read more
School bond passes 2 to 1

School bond passes 2 to 1

Farmersville ISD voters overwhelmingly passed Proposition A, a $98 million bond proposal to expand the district’s facilities. Voters cast ballots in favor of the proposition 774 to 394, with 751 of the total 1,168 votes cast early or by mail. Election day turnout on...

read more
Salsa stroll, market Saturday

Salsa stroll, market Saturday

Downtown Farmersville will be hosting its annual Salsa Stroll one day ahead of Cinco de Mayo. On Saturday, May 4, participating stores around the square will spice up the busy day with salsa samples for guests from 1 p.m. to 4 p.m. For more on this story see the May...

read more
Subscribe 300x250 - Love