Government
BY SHELBIE HAMILTON
Collin County adopts nearly $598M budget, stable tax rate
Collin County commissioners have adopted an annual budget including more than $341 million in general fund expenditures. Commissioners at an Aug. 25 meeting adopted a $598.7 million budget for fiscal year 2025-26, with County Judge Chris Hill and Commissioner Cheryl Williams voting against the total tax rate as well as maintenance and operations portion of the tax rate, and Hill also voting against the interest and sinking portion of the tax rate. The gist County commissioners voted to maintain the FY 2045-25 property tax rate of $0.149343 per $100 valuation, which includes a maintenance and operations rate of $0.107452 and an interest and sinking rate of $0.041891. As property values rise, residents are projected to pay more in property taxes despite having no increase in the tax rate. The average taxable value of a home in Collin County is valued at $544,948,
According to county documents, Collin County has not increased the tax rate in over 30 years.
Collin County tax rate history
Maintenance and operations rate
Interest and sinking rate
$0 $0.5 $0.1 $0.15 $0.2 $0.25
$0.0552
$0.05345
$0.052
$0.051251
$0.053573
$0.05203
$0.044271
$0.040956
$0.041891
$0.04185
SOURCE: COLLIN COUNTY/COMMUNITY IMPACT
includes $391.7 million in various operating fund categories as well as $114.6 million in the debt service fund.
which is a 7% increase from the prior year, county documents state. The county’s annual budget totals nearly $598 million in expenditures, and
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