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2021-63 - R - Accepting 2021 Tax Roll - 10.26.21TOWN OF PROSPER, TEXAS RESOLUTION NO. 2021-63 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, ACCEPTING AND APPROVING THE 2021 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, 2021, and WHEREAS, a summary statement of said 2021 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 2021 Tax Roll as submitted by the Collin County Tax Assessor Collector. SECTION 3 The attached Exhibit A constitutes the official Town of Prosper 2021 Tax Roll, containing a tax levy of $29,997,475.51. 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 26TH DAY OF OCTOBER 2021. ATTEST: plo�A Ray Smith, layor Michelle Lewis Sirianni, Town Secretary APPROVED AS TO FORM AND LEGALITY: Q Terrence S. Welch, Town Attorney Exhibit "A" KENNETI I L. MAUN TAX ASSESSOR COLLECTOR 1 COLLIN COUNTY c , N 2300 Bloomdale Road, Suite 2366 C a !1 N r r P.O. Box 8006 McKinney, TX 75070-8006 4p, (972) 547-5020 Fax: (214) 491-4808 Email: kmaun@collincountytx.gov October 1, 2021 Ray Smith, Mayor Town of Prosper P.O. Box 307 Prosper, TX 75078 Dear Mayor Smith, Attached is the 2021 Tax Roll Summary for Town of Prosper. Submission of the 2021 Tax Roll to your governing body for approval, in accordance with Texas Property Tax Code, Section 26.09, will constitute the 2021 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, //.," &.Li W Kenneth L. Maun Tax Assessor Collector KLM:ket Enclosure cc: Harlan Jefferson Betty Pamplin Robyn Battle Resolution No. 2021-63, Pagel Run Date: September 26, 2021 2021 TAX ROLL SUMMARY NUMBER OF ACCOUNTS MARKET VALUES ROLLCODE: MOBILE HOME Improvement ROLLCODE: PERSONAL Personal ROLLCODE: REAL Agriculture Improvement Improvement Non -Home Site Land Land Ag Land Land Non -Home Site Exhibit "A" Collin County Tax Office Page 6 of 155 05 - PROSPER CITY Amount Count 14,213 $176,967 $230,928,664 $827,326,481 $3,880,753,902 $798,170,006 $1,328,477,642 $859,932 $870,285,484 TOTAL MARKET VALUE $7,936,979,078 DEFERRALS A9 $823,596,531 289 TOTAL DEFERRALS $823,596,631 EXEMPTIONS Absolute Exemption $99,479 2 Absolute Exemption, XN , XN $0 1 Autos, XO , PPV , XO , PPV $47,666,648 25 Cap Adjustment, XT , XT $27,557,250 1,290 Disabled $190,500 71 Disabled Veteran $77,124,336 394 Disaster $877,603 7 Energy, XR , XR $74,220 1 Homestead $399,198,519 7,105 Miscellaneous, XV , XV $594,592,315 501 Nominal Value $11,610 77 Other, XF, XH, XU , XF, XH, XU,XF,XH,XU $94,743 1 Over 65 $11,274,682 1,178 Pollution Control $2,643,956 6 Solar/Wnd $105,014 2 TOTAL EXEMPTIONS $1,161,510,876 GRAND TOTAL FOR DEFERRALS AND EXEMPTIONS $1,985,107,406 TOTAL MARKET VALUE $7,936,979,078 TAXABLE VALUE $6,951,871,672 TAX RATE 0.51 ROLLCODE: MOBILE HOME Levy $839.09 24 ROLLCODE: PERSONAL Levy $904,526.37 981 ROLLCODE: REAL Levy $29, 092,110.05 13, 208 TOTAL LEVY $29,997,475.51 LEVY LOST DUE TO FROZEN $367,071.29 OTHER LOST LEVY $0.00 TaxRollSummary.rpt Revised September 26, 2021 Resolution No. 2021-63, Page2 Exhibit "A" Run Date: September 26, 2021 2021 TAX ROLL SUMMARY TOTAL LOST LEVY Collin County Tax Office Page 7 of 155 05 - PROSPER CITY .29 Calculation Anglyfiis _ Cale Levy - Tax Amount = Di f. Market Value Exemption Taxable Value Frozen 2,472,151.50 2,115,080.21 357,071.29 579,815,970 95,080,380 484,735,590 DV100 (Excl. Frozen) 1,166.04 1,166.04 0.00 58,289,878 57,848,832 441,046 Prorated (Excl. Frozen 0.00 0.00 0.00 0 0 0 Other 27,88_1,229.26 _ 27,881,229,26 0.00 _ _ 7.298,873,230 1,832,178,194 5,466,695,036 Tel 30,354,,546.80 29,997,475.51 357,071.29 7,936,979,078 1,985.107,406 5,951,871,672 DV100 (Intl. Frozen) 0.00 0.00 0.00 16,461,400 16,271,305 190.095 Prorated (Intl. Frozen 0.00 0.00 0.00 0 0 0 TaxRollSummary.rpt Revised September 26, 2021 Resolution No. 2021-63, Page3