| The County of Collin , Texas will hold a public hearing on a proposal to increase total |
| tax revenues from properties on the tax roll in the preceding year by 1.44 percent. Your |
| individual taxes may increase at a greater or lesser rate, or even decrease, depending on |
| the change in the taxable value of your property in relation to the change in taxable value |
| of all other property and the tax rate that is adopted. |
Notice of Public Hearing on Tax Increase
| The public hearing will be held on September 7, 2004 at 9:00 AM at Collin County |
| Courthouse, Commissioners Court. |
Judge Ron Harris
Commissioner Joe Jaynes
Commissioner Jerry Hoagland
Commissioner Phyllis Cole
FOR the proposal:
AGAINST the proposal:
PRESENT and not voting:
Commissioner Jack Hatchell
ABSENT:
| The following table compares taxes on an average home in this taxing unit last year to |
| taxes proposed on the average home this year. Again, your individual taxes may be |
| higher or lower, depending on the taxable value of your property. |
Last Year
This Year
Average residence homestead value
General exemptions available
Average taxable value
Tax rate (per $100)
Tax
| (amount available on the average homestead, not including |
| senior citizen's or disabled person's exemptions) |
$205,157
$208,544
$0
$0
$205,157
$208,544
$512.89
$521.36
$0.25000
$0.25000
| Under this proposal, taxes on the average homestead would increase by $8.47 or 1.65 |
| percent compared with last year's taxes. Comparing tax rates without adjusting for |
| changes in property value, the tax rate would increase by $0.00000 per $100 of taxable |
| value or 0.00 percent compared to last year's tax rate. These tax rate figures are not |
| adjusted for changes in the taxable value of property. |
Criminal Justice Mandate
| The County of Collin , Texas Auditor certifies that County of Collin , Texas has spent $31,040 in the previous 12 months beginning |
| July 1, 2003, for the maintenance and operations cost of keeping inmates sentenced to the Texas Department of Criminal Justice. |
| County of Collin , Texas Sheriff has provided information on these costs, minus the state revenues received for reimbursement of such |
| costs. |