County starts tax hearings

by | Aug 30, 2018 | Latest

Collin County Commissioners start wrapping up budget season this week with the first of two public hearings on the proposed 2018 property tax rate.

Public hearings on the tax rate are scheduled Sept. 5 and 11 at Collin County Courthouse in McKinney. A public hearing on the proposed 2018-19 budget is set for Sept. 18, after which the tax rate and budget will be formally adopted.

The county tax rate is being lowered again this year, to 19.2246 cents per $100 assessed valuation. The levy is equal to the effective rate, or the rate at which an entity generates the same amount of revenue as it did in the prior year on existing property.

Proposed budget is $380.9 million, an increase of $55 million from the prior year due primarily to an additional $30 million to be spent on transportation projects.

 

Joe Reavis • [email protected]

0 Comments

Related News

Farmers win opening district match

Farmers win opening district match

The Fightin' Farmers picked up their first win of the season on Wednesday, more importantly in district play. Farmersville (1-0, 1-4) jumped out to a 3-1 lead in the first half and defeated Caddo Mills 5-3. Coach Wade McCroan called the game easily the team's best...

read more
Farmersville showmen claim numerous awards

Farmersville showmen claim numerous awards

Farmersville FFA and 4-H members picked up some of the top awards at the Collin County Junior Livestock Show Jan. 8-15 at the Myers Park and Event Center in McKinney. Farmersville ISD Ag Teacher Steve Horton said “Farmersville FFA had a great county show” this year....

read more
Mayor files for re-election

Mayor files for re-election

Bryon Wiebold has decided to run for re-election to a second term as Farmersville mayor, calling it “an honor to serve the people of this city.” The mayor picked up his campaign forms from City Hall on Jan. 12 but had to wait until Wednesday to submit them. He is one...

read more
New electoral maps take effect

New electoral maps take effect

Following the 2020 Census, the Texas Legislature completed the important task of redrawing the electoral maps to be used over the next decade. Three new laws are set to take effect Jan. 18 following their approval during the 87th Legislature. House Bill 1, which sets...

read more
City, schools continue to monitor as case counts rise

City, schools continue to monitor as case counts rise

Health officials reported the highest single day COVID-19 case count in the U.S. early last week with more than one million infections. A total of 1,082,549 new COVID-19 cases were reported Monday, Jan. 3, according to data compiled by Johns Hopkins University. While...

read more
Lady Farmers lose third-straight district game

Lady Farmers lose third-straight district game

The Farmersville girls basketball team lost to Terrell 57-43 Tuesday night. The Lady Farmers (2-3, 7-13) lost their third-straight game against the District 13-4A competition. They'll look to bounce back against Kaufman this Friday, with the winner gaining sole...

read more
Second half sinks Farmersville in loss to Terrell

Second half sinks Farmersville in loss to Terrell

Trying to turn around their early district woes, the Farmersville boys basketball team couldn't keep up with Terrell in the 59-33 loss Tuesday night.The Farmers (0-3, 11-12) lost their third straight district game to start the new year. It was a close game early, with...

read more
2021 Year in Review

2021 Year in Review

Pandemic, winter storm dominate; events bring visitors to city There’s no doubt 2021 was a year highlighted by partisan politics and the ongoing pandemic. Just six days into January, activist supporters, including a Wylie man, stormed the Capitol killing one police...

read more