2026 Notice of Public Hearing on Tax Increase
A public hearing on the proposed tax rate will be held on August 25,2026 at 5:30 pm at the Collin Higher Education Center, Board Room 139, 3452 Spur399, McKinney, TX 75069.
2026 Tax Rates
Property tax rates in Collin County Community College District
This notice concerns the 2026 property tax rates for Collin County Community College District. This notice provides information about two tax rates used in adopting the current tax year's tax rate. The no-new-revenue tax rate would Impose the same amount of taxes as last year if you compare properties taxed in both years. In most cases, the voter-approval tax rate is the highest tax rate a taxing unit can adopt without holding an election. In each case, these rates are calculated by dividing the total amount of taxes by the current taxable value with adjustments as required by state law. The rates are given per $100 of property value.
- This year's no-new-revenue tax rate: $0.080693/$100
- This year's voter-approval tax rate: $0.088595/$100
To see the full calculations, please visit https://www.collincountytx.gov/tax-assessor/services for a copy of the Tax Rate Calculation Worksheet.
Unencumbered Fund Balance
The following estimated balances will be left in the taxing unit's accounts at the end of the fiscal year. These balances are not encumbered by corresponding debt obligation.
| Type of Fund | Balance |
|---|---|
|
Maintenance & Operations (M&O) |
0 |
| Interest & Sinking (I&S) | 5,000,000 |
Current Year Debt Service
The following amounts are for long-term debts that are secured by property taxes. These amounts will be paid from upcoming property tax revenues (or additional sales tax revenues, if applicable).
| Description of Debt | Principal or Contract Payment to be Paid from Property Taxes | Interest to be Paid from Property Taxes | Other Amounts to be Paid | Total Payments | |||||
|---|---|---|---|---|---|---|---|---|---|
| Limited Tax Bonds, Series 2018 | 10,885,000 | 6,560,706 | 0 | 17,445,706 | |||||
| Limited Tax Bonds, Series 2020 | 12,940,000 | 10,562,700 | 0 | 23,502,700 | |||||
|
Total required for 2026 debt service = $40,948,406 |
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|
- Amount (if any) paid from other resources |
$25,360,711 |
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|
- Amount (if any) paid from other resources |
$0 |
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|
- Excess collections last year |
$0 |
||||||||
|
Total to be paid from taxes in 2026 = $15,587,695 |
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|
+ Amount added in anticipation that the unit will collect only 100.00% of its taxes in 2026 |
$0 |
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|
Total debt levy = $15,587,695 |
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This notice contains a summary of actual no-new-revenue and voter-approval calculations as certified by Scott Grigg, Tax Assessor-Collector on 08/11/2026.
The 86th Texas Legislature modified the manner in which the voter-approval tax rate is calculated to limit the rate of growth of property taxes.
Find Your Property Tax Rates
Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your property. Your local property tax database will be updated regularly during August and September as local elected officials propose and adopt the property tax rates that will determine how much you pay in property taxes.
You may request the same information from the assessor of each taxing unit for your property by requesting their contact information from your county’s assessor listed below:
Collin County Tax Office
PO Box 8046
McKinney, TX 75070
www.collincountytx.gov/tax-assessor
A property owner may register to receive email notifications regarding updates to the property tax database. To register, do the following:
- Visit CollinTaxInfo.org
- Search for your property
- Click the ‘View’ link in the search results
- Click the ‘Subscribe to Notifications’ link in the top-right corner
- Provide your email address and submit the form
- You will receive a confirmation email, click the ‘Confirm Subscription’ link inside