18-90 - RTOWN OF PROSPER, TEXAS
RESOLUTION NO. 18-90
A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER,
TEXAS, ACCEPTING AND APPROVING THE 2018 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, 2018, and
WHEREAS, a summary statement of said 2018 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
2018 Tax Roll as submitted by the Collin County Tax Assessor Collector.
SECTION 3
The attached Exhibit A constitutes the official Town of Prosper 2018 Tax Roll, containing
a tax levy of $20,284,353.85.
SECTION 4
This Resolution is effective on the date of passage by the Town Council.
v�111111i111
DULY 1 EDFAN �� 'ROVED BY THE TOWN COUNCIL OF THE TOWN OF
PROSPER, a -OWY1M DAY OF OCTOBER, 2018.
.• 4zv$
e �
Ray Smith, May ,r
AT a
'ate a
r
-1
Robyn Bat e, '
APPROVED AS TO FORM AND LEGALITY:
Terrence S. Mich, Town Attorney
Run Date: September 24, 2018
2018 TAX ROLL SUMMARY
NUMBER OF ACCOUNTS
MARKET VALUES
ROLLCODE: MOBILE HOME
Improvement
ROLLCODE: PERSONAL
Personal
ROLLCODE: REAL
Aqriculture
Improvement
Improvement Non -Home Site
Land
Land Aq Land
Land Non -Home Site
Collin County Tax Office Page 6 of 133
05 - PROSPER CITY
Amount Count
11,107
$110,889
$158,198,537
$783,719,518
$2,472,403,539
$549,052,170
$962,129, 557
$1, 089, 033
$574,852,104
TOTAL MARKET VALUE
$5,501,556,347
DEFERRALS
Aq
$782, 382,139
279
TOTAL DEFERRALS
$782,382,139
EXEMPTIONS
Absolute Exemption
$97,243
2
Autos, XO , PPV , XO , PPV
$42,326,247
27
Cap Adjustment, XT , XT
$26,928,025
734
Disabled
$186,990
70
Disabled Veteran
$28,583,629
187
Full
$3,591,589
7
Homestead
$261,237,594
5,121
Miscellaneous, XV , XV
$402,831,160
395
Nominal Value
$9,390
43
Other, XF, XH, XU , XF, XH, XU,XF,XH,XU
$3,249,375
4
Over 65
$7,484,100
778
Pollution Control
$3,116,722
5
TOTAL EXEMPTIONS
$779,642,664
GRAND TOTAL FOR DEFERRALS AND EXEMPTIONS
$1,562,024,703
TOTAL MARKET VALUE
$6,501,555,347
TAXABLE VALUE
$3,939,530,644
TAX RATE
0.52
ROLLCODE: MOBILE HOME
Lew
$519.96
24
ROLLCODE: PERSONAL
Levy
$567,296 33
614
ROLLCODE: REAL
Lew
$19,716,537.56
10,469
TOTAL LEVY
$20,284,353.85
LEVY LOST DUE TO FROZEN
$201,205.02
OTHER LOST LEVY
$0.00
TOTAL LOST LEVY
$201,206.02
TaxRollSummary.rpt Revised September 24, 2018
Resolution No. 18-90, Page 2
Run Date: September 24, 2018
Collin County Tax Office
Page 7 of 133
2018 TAX ROLL SUMMARY
05 - PROSPER CITY
Calculation Analysis
Calc Levy
- Tax Amount
- Diff.
Market Value
Exemptlon
Taxable Value
Frozen
1,431,21416
1,230,009.14
201,20502
333,691.116
58,457.622
275,233,494
OV100 (Excl. Frozen)
423.96
423.96
0.00
17,441,634
17,277,037
164,597
Prorated (Excl. Frozen
0.00
0.00
0.00
0
0
0
Other
19,053,920.75
19,053,920.75
0.00
5,150,422,597
1,486,290,044
3,664,132,553
Total
20,485,558.87
20,284,353.85
201,205.02
5,501,555,347
1,562,024,703
3,939,530,644
DV100 (Incl. Frozen)
0.00
0.00
0.00
10,168,848
10,028,738
140,110
Prorated (Incl. Frozen
0.00
0.00
0.00
0
0
0
TaxRollSummary.rpt Revised September 24, 2018
Resolution No. 18-90, Page 3