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R-2024-71 Accepting and Approving 2024 Tax RollTOWN OF PROSPER, TEXAS RESOLUTION NO. 2024-71 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, ACCEPTING AND APPROVING THE 2024 TAX ROLL; RESOLVING OTHER MATTERS RELATING TO THE SUBJECT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Section 26.09(e) of the Texas Property Tax Code requires the Town Council to approve the Tax Roll; and WHEREAS, the Town received notification from the Collin County Tax Assessor Collector as to the Tax Roll jurisdiction summary as of October 1, 2024, and WHEREAS, a summary statement of said 2024 Tax Roll is attached hereto as Exhibit A. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, THAT: SECTION 1 All matters stated in the preamble of this Resolution are true and correct and are hereby incorporated into the body of this Resolution as if copied in their entirety. SECTION 2 The Town Council of the Town of Prosper, Texas, does hereby accept and approve the 2024 Tax Roll as submitted by the Collin County Tax Assessor Collector. SECTION 3 The attached Exhibit A constitutes the official Town of Prosper 2024 Tax Roll, containing a tax levy of $51,074,027.15. SECTION 4 This Resolution is effective on the date of passage by the Town Council. DULY PASSED AND'APPROVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, ON THIS 12TH DAY OF NOVEMBER 2024. �� David F. Bristol, Mayor ATTEST: Michelle Lewis Sirianni, Town Secretary ���, APPROVED AS TO FORM AND LEGALITY: Terrence S. Welch, Town Attorney 1914 X5 Run Date: October 01, 2024 Collin County Tax Office 2024 TAX ROLL SUMMARY Amount NUMBER OF ACCOUNTS MARKET VALUES ROLLCODE: MOBILE HOME Improvement $332,895 ROLLCODE: PERSONAL Personal $384,437,672 ROLLCODE: REAL Aqriculture $1,118,195,229 Improvement $8,066,842,612 Improvement Non -Home Site $1,747,349,623 Land $2,796,562,152 Land Aq Land $602,861 Land Non -Home Site $1,504,171,113 TOTAL MARKET VALUE DEFERRALS Aq $1,118,195,229 TOTAL DEFERRALS EXEMPTIONS 23.231 Circuit Breaker Limitation $23,598,249 Absolute Exemption $427,451 Autos, XO , PPV , XO , PPV $50,697,364 Cap Adjustment , XT , XT $1,031,878,958 Disabled - $204,000 Disabled Veteran $193,910,479 EnergV , XR , XR $185,550 Full $17,178,370 Homestead $1, 562,178,919 Miscellaneous, XV , XV $1,327,769,492 Nominal Value $265,695 Other, XF, XH, XU , XF, XH, XU,XF,XH,XU $100 Over 65 $15,591,400 Pollution Control $3,623,076 Solar[Wind $140,373 Survivinq Spouse Disabled Person $0 TOTAL EXEMPTIONS GRAND TOTAL FOR DEFERRALS AND EXEMPTIONS TOTAL MARKET VALUE TAXABLE VALUE TAX RATE ROLLCODE: MOBILE HOME Levy $1,655.88 ROLLCODE: PERSONAL Levy $1,648,145.62 ROLLCODE: REAL Levy $49,424,225.65 TOTAL LEVY TaxRollSummary rpt Revised October 01, 2024 Page 6 of 207 05 - PROSPER CITY Count 17,089 $15,618,494,157 226 $1,118,195,229 330 3 29 7,593 75 592 1 15 9,983 828 237 1 1,633 7 7 1 $4,227,649,476 $5,345,844,705 $15,618,494,157 $10,272,649,452 0.505 23 1,229 15,837 $51,074,027.15 Run Date: October 01, 2024 Collin County Tax Office 2024 TAX ROLL SUMMARY LEVY LOST DUE TO FROZEN OTHER LOST LEVY TOTAL LOST LEVY Page 7 of 207 05 - PROSPER CITY $802,855.24 $0.00 $802,855.24 Calculation Analysis Calc Levy - Tax Amount - Diff. Market Value Exemption Taxable Value Frozen 4,316,988.42 3,505,296.95 811,691.47 1,325,603,401 470,754,206 854,849,195 DV100 (Excl. Frozen) 6,21942 6,21942 0.00 183,488,758 161,793,517 21,695,241 Prorated (Excl. Frozen 0.00 0.00 000 0 0 0 Other 49,006,468.14 49,006,468.14 0.00 14,478,408,621 4,794,621,707 9,683,786,914 Total 53,329,675.98 52,517,984.51 811,691.47 15,987,500,780 5,427,169,430 10,560,331,350 DV100 (Incl. Frozen) 0.00 0.00 0.00 31,150,623 26,516,264 4,634,359 Prorated (Incl. Frozen 0.00 0.00 0.00 0 0 0 TaxRollSummary rpt Revised October 01, 2024