19-77 - RTOWN OF PROSPER, TEXAS RESOLUTION NO. 19-77
A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER,
TEXAS, ACCEPTING AND APPROVING THE 2019 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, 2019, and
WHEREAS, a summary statement of said 2019 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
2019 Tax Roll as submitted by the Collin County Tax Assessor Collector.
SECTION 3
The attached Exhibit A constitutes the official Town of Prosper 2019 Tax Roll, containing
a tax levy of $22,763,863.96.
SECTION 4
This Resolution is`�F try 'drll 09 date of passage by the Town Council.
Y
DULY PASSED=AND 011b Y THE TOWN COUNCIL OF THE TOWN OF
PROSPER, TEXASi dN ,T`HIS \�ND DArYpF OCTOBER, 2019.
ATT
191�` Ray Smith, ayor
• E S. p,
Robyn B fe, Town Secre ary
APPR yED AS TO FORM AND LEGALITY:
�i
Terrence S. Welc , Town Attorney
EXHIBIT A
KENNETH L. MAUN
TAX ASSESSOR COLLECTOR
COLLIN COUNTY
C O L L I N 2300 Bloomdale Road, Suite 2366
C O U N T Y P.O. BOX 8006
McKinney, TX 75070-8006
4p, (972) 547-5020
Fax: (214) 491-4808
Email: kmaun@collincountytx.gov
October 7, 2019
Ray Smith, Mayor
Town of Prosper
P.O. Box 307
Prosper, TX 75078
Dear Mayor Smith,
Attached is the 2019 Tax Roll Summary for Town of Prosper.
Submission of the 2019 Tax Roll to your governing body for approval, in accordance with Texas
Property Tax Code, Section 26.09, will constitute the 2019 Tax Roll for Town of Prosper.
Please provide my office a copy of your ordinance approving the Tax Roll at your earliest
convenience. While this is a formality in the Texas Property Tax Code, we do want to fulfill the
requirements of the law and do appreciate your cooperation.
If you have any questions, please contact me.
Sincerely,
1 AAAA.'
Kenneth L. Maun
Tax Assessor Collector
KLM:ket
Enclosure
cc: Harlan Jefferson
Resolution No. 19-77, Page 2
Run Date: September 23, 2019 Collin County Tax Office
2019 TAX ROLL SUMMARY
Amount
NUMBER OF ACCOUNTS
MARKET VALUES
ROLLCODE: MOBILE HOME
Improvement
$110,903
ROLLCODE: PERSONAL
Personal
$190,959,711
ROLLCODE: REAL
Agriculture
$724,178,891
Improvement
$2,850,439,843
Improvement Non -Home Site
$574,445,620
Land
$1,008,928,136
Land Ag Land
$1,024,879
Land Non -Home Site
$675,901,082
TOTAL MARKET VALUE
DEFERRALS
Aq
$722,031,584
TOTAL DEFERRALS
EXEMPTIONS
Absolute Exemption
$99,055
Autos, XO , PPV , XO , PPV
$49,629,670
Cap Adjustment, XT , XT
$22,379,914
Disabled
$183,000
Disabled Veteran
$41,783,155
Full
$3,925,655
Homestead
$295,260,628
Miscellaneous, XV , XV
$448,330,375
Nominal Value
$8,084
Other, XF, XH, XU , XF, XH, XU,XF,XH,XU
$5,267,497
Over 65
$8,679,320
Pollution Control
$2,748,689
Solar/Wnd
$40,284
TOTAL EXEMPTIONS
GRAND TOTAL FOR DEFERRALS AND EXEMPTIONS
TOTAL MARKET VALUE
TAXABLE VALUE
TAX RATE
ROLLCODE: MOBILE HOME
Levy
$531.84
ROLLCODE: PERSONAL
Levy
$705,884 54
ROLLCODE: REAL
Levy
$22,057,447.58
TOTAL LEVY
LEVY LOST DUE TO FROZEN
OTHER LOST LEVY
TOTAL LOST LEVY
EXHIBIT A
Page 6 of 139
05 - PROSPER CITY
$6,025,989,065
$722,031,584
$878,335,326
$1,600,366,910
$6,025,989,065
$4,425,622,155
0.52
$22,763,863.96
$249,371.00
$0.00
$249,371.00
Count
11,554
264
2
24
848
68
246
7
5,636
453
42
3
903
6
1
24
728
10.802
TaxRollSummary. rpt Revised September 23, 2019
Resolution No. 19-77, Page 3
Run Date: September 23, 2019
Collin County Tax Office
Page 7 of 139
2019 TAX ROLL SUMMARY
05 - PROSPER CITY
Calculation Analysis
Calc Levy
- Tax Amount
= Diff.
Market Value
Exemption
Taxable Value
Frozen
1,719,293.46
1,469,922.46
249,371.00
398,427,845
67,794,500
330,633,345
DV100 (Excl. Frozen)
3,866.42
3,866.42
0.00
29,167,811
28,034,155
1,133,656
Prorated (Excl. Frozen
0.00
0.00
0.00
0
0
0
Other
21,290,075.08
21,290,075.08
0.00
5,598,393,409
1,504,538,255
4,093,855,154
Total
23,013,234.96
22,763,863.96
249,371.00
6,025,989,065
1,600,366,910
4,425,622,155
DV100 (Incl. Frozen)
0.00
0.00
0.00
12,050,032
11,871,179
178,853
Prorated (Incl. Frozen
0.00
0.00
0.00
0
0
0
TaxRollSummary.rpt Revised September 23, 2019
Resolution No. 19-77, Page 4