| Section 26.05(b) of Property Tax Code |
| New Steps Required for Adoption of Tax Rate |
| Entity Name: Collin County, Texas |
| Date: 8/17/2005 |
| Language Required in the Motion Setting This Year's Tax Rate: |
| This year's proposed tax rate exceeds the effective tax rate. The vote on the ordinance, resolution, or order setting the tax rate must be a |
| record vote. A motion to adopt the ordinance, resolution, or order must be made in the following form: "I move that property taxes be |
| increased by the adoption of a tax rate of 0.25000." |
| Statement Required in the Ordinance, Resolution, or Order Setting |
| This Year's Tax Rate: |
| This year's tax levy to fund maintenance and operations expenditures exceeds last year's maintenance and operations tax levy. Also, this |
| year's M&O tax rate is higher than the effective maintenance and operations tax rate. The following statements must be included in the |
| ordinance, resolution, or order setting this year's tax rate. The statements must be in larger type than the type used in any other portion of the |
| document: |
| THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE. |
| THE TAX RATE WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY |
| $3.63. |
| Statement That Must be Posted on the Home Page of Any Internet |
| Website Operated by the Taxing Unit: |
| This year's tax levy to fund maintenance and operations expenditures exceeds last year's maintenance and operations tax levy. Also, this |
| year's M&O tax rate is higher than the effective maintenance and operations tax rate. The following statements must be included on the |
| home page of any Internet website operated by Collin County, Texas: |
| Collin County, Texas ADOPTED A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS |
| THAN LAST YEAR'S TAX RATE. |
| THE TAX RATE WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY |
| $3.63. |