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11-061 - R r #t' TOWN OF s pER TOWN OF PROSPER,TEXAS RESOLUTION NO. 11-61 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER,TEXAS,ACCEPTING AND APPROVING THE 2011 APPRAISAL ROLL WITH TAX AMOUNTS ENTERED BY THE ASSESSOR,RESOLVING OTHER MATTERS RELATING TO THE SUBJECT;AND PROVIDING AN EFFECTIVE DATE. WHEREAS,the Texas Property Tax Code,Section 26.09(e)requires the Town Council to approve the Appraisal Roll,and WHEREAS,the Town received notification from the Collin County Tax Assessor Collector as to the Tax Roll jurisdiction summary as of October 3,2011,and WHEREAS, a statement summary of said 2011 Tax Roll is attached hereto as Exhibit"A". NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER,TEXAS: Section 1. The Town Council of the Town of Prosper,Texas does hereby accept and approve the 2011 Tax Roll as submitted by the Collin County Tax Assessor Collector. Section 2. That the attached Exhibit "A" constitutes the official Town of Prosper 2010 Tax Roll, containing a taxable value of$1,205,781,261. Section 3. That 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 4. That 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 1 lth day of October,2011. \ /10.4.1. Ray Smith, ayor ATTEST: Amy Piukana T:. , own Secretary Run Date: September 22,2011 Collin County Page 6 of 67 2011 TAX ROLL SUMMARY 05-PROSPER CITY Amount Count NUMBER OF ACCOUNTS • • ' • • • 5,607 APPRAISAL VALUES • ROLLCODE:MOBILE HOME Improvement $127,711 ROLLCODE:PERSONAL Personal $34,332,096 ROLLCODE:REAL Agriculture $464,982,547 Improvement $695,808,402 Improvement Non-Home Site $82,801,113 Land $289,316,584 • Land An Land $1,599,832 • Land Non-I-tome Site $158,957,854 TOTAL APPRAISALS • $1,727;9264139 • DEFERRALS /kg $464,902,547 • 310 TOTAL DEFERRALS $464,982,547 EXEMPTIONS Absolute Exemption $70,231 1 Cap Adlustment $1,708,256 37 Disabled Veteran $1,474',441 • 34 Full $48,820,062 221 $3,998 • ' 20 Nominal Value '' '• Over 65 $3,090,000 • 311 Pollution Control $1,995,343 ' • .4 TOTAL EXEMPTIONS $57,162,331 GRAND TOTAL FOR DEFERRALS AND EXEMPTIONS $522,144,870 TOTAL APPRAISED VALUE • $1,727,926,139 TAXABLE VALUE $1,205,781,261 ROLLCODE:MOBILE HOME ' •Levy $664.10 25 ROLLCODE:PERSONAL , .,, ., Levy $177,674.14 • 356 ROLLCODE:REAL Levy $6,066,100.25 5,226 TOTAL LEVY $6,244,438.49 LEVY LOST DUE TO FROZEN $25,624.24 TaxRollSuxnmary.rpt Revised September 22,2011