By Gavin Pugh
Collin County residents will on average pay $5.45 less in county property taxes in fiscal year 2018-19 than in FY 2017-18 after county commissioners on Monday approved its budget and tax rate.
Commissioners adopted a tax rate of $0.180785 per $100 property valuation for FY 2018-19, down nearly 1.15-cents from the $0.192246 per $100 property valuation rate in FY 2017-18. This is the county’s 25th year with no tax rate increase.
The tax rate is broken down into two categories: $0.127212 per $100 valuation for maintenance and operations and $0.053573 per $100 valuation for debt service.
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