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2022-69 - R- Accept & Approve 2022 Tax Roll 10.25.22TOWN OF PROSPER, TEXAS RESOLUTION NO. 2022-69 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, ACCEPTING AND APPROVING THE 2022 TAX ROLL; 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, 2022, and WHEREAS, a summary statement of said 2022 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 2022 Tax Roll as submitted by the Collin County Tax Assessor Collector. SECTION 3 The attached Exhibit "A" constitutes the official Town of Prosper 2022 Tax Roll, containing a tax levy of $36,278,434.84. 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 25TH DAY OF OCTOBER, 2022. ATTEST: IL aud—Ji Michelle Lewis Sirianni, Town Secretary APPED AS TO FOR%M% AND LEGALITY: Terrence S. Welch, Town Attorney David F. Bristol, Mayor Exhibit "A" Run Date: October 03, 2022 Collin County Tax Office 2022 TAX ROLL SUMMARY 05 - PROSPER CITY Amount Count NUMBER OF ACCOUNTS 14,773 MARKET VALUES ROLLCODE: MOBILE HOME Improvement $348,776 ROLLCODE: PERSONAL Personal $294,865,528 ROLLCODE: REAL Agriculture $876,103,670 Improvement $5,684,220,315 Improvement Non -Home Site $973,940,881 Land $1,896, 210,778 Land Aq Land $791,398 Land Non -Home Site $1,006,941,338 TOTAL MARKET VALUE $10,733,422,684 DEFERRALS Aq $872,728,670 271 TOTAL DEFERRALS $872,728,670 EXEMPTIONS Absolute Exemption $249,582 2 Autos, XO , PPV , XO , PPV $48,604,201 28 Cap Adjustment, XT , XT $1,053,781,068 6,705 Disabled $196,500 72 Disabled Veteran $111,818,082 472 Enerqy, , XR , XR $74,220 1 Homestead $739,369,398 7,753 Miscellaneous, XV , XV $692,795,773 735 Nominal Value $128,948 152 Other, XF, XH, XU , XF, XH, XU,XF,XH,XU $100 1 Over65 $12,560,080 1,314 Pollution Control $3,307,589 6 SolarANind $359,257 10 Survivinq Spouse Disabled Person $0 1 TOTAL EXEMPTIONS $2,663,244,798 GRAND TOTAL FOR DEFERRALS AND EXEMPTIONS $3,536,973,468 TOTAL MARKET VALUE $10,733,422,684 TAXABLE VALUE $7,197,449,216 TAX RATE 0.51 ROLLCODE: MOBILE HOME Levy $1,582.61 24 ROLLCODE:PERSONAL Levy $1,224,575.43 1,011 ROLLCODE: REAL Levy $35,052,276.80 13,738 TOTAL LEVY $36,278,434.84 LEVY LOST DUE TO FROZEN $428,557.73 OTHER LOST LEVY $0.00 TaxRoll Summary. rpt Revised October 03, 2022 Run Date: October 03, 2022 Collin County Tax Office Page 7 of 173 2022 TAX ROLL SUMMARY 05 - PROSPER CITY TOTAL LOST LEVY $428,567.73 Calculation Analysis Ca lc Levy - Tax Amount Diff. Market Value Exemption Taxable Value Frozen 2,906,546.46 2,477,988.73 428,557.73 890,363'920 320,452,897 569,911,023 DV100 (Excl. Frozen) 12,322.32 12,322.32 0.00 110,952,728 90,837,075 20,115,653 Prorated (Excl. Frozen 0.00 0.00 0.00 0 0 0 Other 33,788,123.79 33,788,123.79 0.00 9,732,106,036 3,124,683,496 6,607,422,540 Total 36,706,992.57 36,278,434.84 428,557.73 10,733,422,684 3,535,973,468 7,197,449,216 DV100 (Incl. Frozen) 991.97 991.97 0.00 22,747,374 17,440,333 5,307,041 Prorated (Incl. Frozen 0.00 0.00 0.00 0 0 0 TaxRollSummary.rpt Revised October 03, 2022