15-67 - RTOWN OF PROSPER, TEXAS
RESOLUTION NO. 15-67
A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS,
ACCEPTING AND APPROVING THE 2015 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, 2015, and
WHEREAS, a summary statement of said 2015 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.
The Town Council of the Town of Prosper, Texas, does hereby accept and approve the 2015
Tax Roll as submitted by the Collin County Tax Assessor Collector.
SECTION 3
The attached Exhibit A constitutes the official Town of Prosper 2015 Tax Roll, containing a tax
levy of $11,594,882.67.
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 27TH DAY OF OCTOBER, 2015.
.
Ray Smith, ayor
APP ED AS TO FO AND LEGALITY:
errence S. Welch, Town Attorrre
EXHIBIT A
Run Date: September 28, 2015 Collin County Tax Office
Page 6 of 107
2015 TAX ROLL SUMMARY
05 - PROSPER CITY
Amount
Count
NUMBER OF ACCOUNTS
7,644
MARKET VALUES
ROLLCODE: MOBILE HOME
Improvement
$110,550
Improvement Non -Home Site
$2,687
ROLLCODE: PERSONAL
Land
$0
Personal
$63,155,337
ROLLCODE: REAL
Agriculture
$635,711,753
Improvement
$1,414,984,793
Improvement Non -Home Site
$306,429,815
Land
$508,083,762
Land Aq Land
$1,451,992
Land Non -Home Site
$305,631,594
TOTAL MARKET VALUE
$3,235,562,283
DEFERRALS
Aq
$635,711,753
300
TOTAL DEFERRALS
$635,711,753
EXEMPTIONS
Absolute Exemption, XG , XG
$73,933
2
Cap Adjustment, XT, XT
$27,930,132
1,625
Disabled
$153,480
54
Disabled Veteran
$7,371,894
85
Miscellaneous, XV, XV
$302,666,117
295
Nominal Value
$7,277
30
Other, XF, XH, XU, XF, XH, XU,XF,XH,XU
$12,370
1
Over 65
$5,187,070
525
Pollution Control
$2,576,187
3
TOTAL EXEMPTIONS
$345,978,460
GRAND TOTAL FOR DEFERRALS AND EXEMPTIONS
$981,690,213
TOTAL MARKET VALUE
$3,235,562,283
TAXABLE VALUE
$2,253,872,070
TAX RATE
0.52
ROLLCODE: MOBILE HOME
Levy
$588.80
24
ROLLCODE: PERSONAL
Levy
$328,054.70
410
ROLLCODE: REAL
Levy
$11,266,239.17
7,210
TOTAL LEVY
$11,594,882.67
LEVY LOST DUE TO FROZEN
$125,252.17
OTHER LOST LEVY
$0.00
TOTAL LOST LEVY
$125,252.17
TaxRollSummary. rpt Revised September 28, 2015
Resolution 15-67, Page 2
Run Date: September 28, 2015
2015 TAX ROLL SUMMARY
Frozen
DVIDO (Excl. Frozen)
Prorated (Excl. Frozen
Other
Total
DvI00 (Incl. Frozen)
Prorated (Incl. Frozen
Calc Levy
889,130.23
1,002.90
0.00
10,630.001.71
11,720,134.84
1,700.99
0.00
Collin County Tax Office Page 7 of 107
05 - PROSPER CITY
Calculation Analysis
- Tax Amount
Diff.
Market Value
763, 878.06
125,252.17
188,758.899
1,002.90
0.00
2,259,425
0.00
0,00
0
10,830,001.71
0.00
3,044,543,959
11,594,882.67
125,252.17
3,235,562,283
306.26
1,394.73
5,265,696
0.00
0.00
0
TaxRollSummary.rpt Revised September 28, 2015
Resolution 15-67, Page 3
Exemption
17,772,303
2,014,946
0
961,902,964
981,690,213
4,788,948
0
Taxable Value
170,966,596
244,479
0
2,04640,995
2,253,872,070
476,748
0