As the calendar turns over into a new year, property owners face an important deadline at the end of the month.
Farmersville property owners whose taxes were not included in their monthly mortgage payment are reminded that the deadline to pay property taxes to the Collin County Tax Office is Monday, Jan. 31, to avoid fines and penalties.
Tax statements were mailed to property owners in October last year from the county tax office on behalf of entities throughout Collin County. Appraisal values were certified in July 2022 before city and school district tax rates were finalized for the current fiscal year.
Farmersville bills include taxes due the city, county, Farmersville Independent School District and Collin College.
In Farmersville, the property tax rate is $0.712 per $100 of assessed value for the city and $1.28 per $100 of assessed value for Farmersville ISD. Additionally, homeowners will pay $.081 per $100 of assessed value for Collin College.
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