Please click here to view the 2022 Property Tax Protest and Appeal Procedures

The Collin CAD board of directors conducted a hearing on the district’s biennial reappraisal plan on August 25, 2022, in the Dr. Leo Fitzgerald boardroom of the Collin Central Appraisal District, 250 Eldorado Pkwy, McKinney, TX.

Click here to view/download a copy of the adopted 2023–2024 Reappraisal Plan..

The Chief Appraiser has certified the 2022 appraisal rolls. Click here to download a PDF of the certified taxable values for each taxing entity.

The Chief Appraiser released the 2022 estimated taxable value on April 29th.

Click here to download the PDF of the preliminary 2022 taxable totals for each taxing entity.

On May 7, 2022, Texas voters approved a constitutional amendment to Section 1-b, Article VIII, Subsection (d-2), reducing the limitation (freeze ceiling) amount based on the reduction in a school district’s Maintenance & Operations (M&O) rate due to any statutory M&O tax rate compression. The calculation of the statutory compression of the M&O rate will begin comparing the tier one 2018 M&O rate to 2019 compressed M&O rate. A year-to-year comparison will be made for 2019 to 2020, 2020 to 2021, 2021 to 2022 and 2022 to 2023, to calculate the total amount the limitation (freeze ceiling) is to be lowered.

This reduction in frozen taxes (limitation) is effective January 1, 2023, therefore the reduction will not be reflected in the 2022 tax bills, generally mailed by the Tax Assessor/Collector in October.

This is a multiple step calculation on each individual property that has a “frozen levy” We are working with our software vendor to make the appropriate changes by the January 1, 2023, effective date. The level of M&O tax rate compression will vary by school district, therefore the impact on frozen taxes will vary by school district. Additionally, for those beginning their tax freeze ceiling (limitation) after 2019 the calculation will be adjusted to calculate from their qualification year forward.

In brief, for those with frozen taxes at your school district, you will see your “frozen tax ceiling” reduced in 2023, if the school district’s M&O tax rate was compressed during the time frame listed above.

Tax Limitation (freeze ceiling) Effective Date: January 1, 2023

On May 7, 2022, Texas voters approved a constitutional amendment to Section 1-b(c), Article VIII increasing the General Homestead exemption amount from $25,000 to $40,000. The increased exemption amount only applies to school districts.

If you are currently receiving the General Homestead exemption you do NOT need to reapply to receive the increased exemption amount for your school district. Our software vendor has updated our exemption administration tables with the increased amount, and our 2022 Certified Appraisal Roll, to be completed in July, will include the $40,000 exemption for your school district tax statement.

Our 2022 Notices of Appraised Value did not include the $40,000 exemption amount because it required a vote to change the Texas Constitution, and the May 7, 2022, vote was after the date we were required to mail our 2022 Notices of Appraised Value.

Exemption Increase Effective Date: January 1, 2022.

Click here for a press release from the Texas Association of Appraisal Districts (TAAD) regarding home value increases across the State. The range of increases from regions around the State is showing to be 10% to 50% increases. For Collin CAD itself, we are continuing to analyze market data as we prepare to mail our 2022 Appraisal Notices on April 15th. We are anticipating an average home value appraisal increase toward the middle of the range shown in the linked press release, expecting an average increase of 28% to 30%, comparing 2021 to 2022 average home appraisals for the County.