CollinCounty Tax Appraisal – 2021
Did you know Collin CAD's budget was $23 M in 2021? That's a more than 97% increase from 2013, at $11 M. The budget, divided by number of taxable parcels, amounts to $58 per parcel.
How Far Can $58 Really Go? Even though the budget for CAD is big, they aren't able to pay much attention to each parcel. Appraisers use computer models to create mass appraisals, which means there's a big opportunity for errors in the data or mistakes with the model. Even though 58% of Collin's total market value is protested, the vast majority is skewed towards commercial and multifamily property owners. By contrast, only 24% of homeowners appealed their property taxes in 2021. We can change that if you enroll in the Property Tax Protection Program. You'll never pay upfront fees, and you won't pay a dime unless we save you money on your taxes.
Collin County Appraisal District Property Tax Budget Summary
| Total Budget | $23,520,500.00 |
| Budget Not Spent | NA |
| Total Property Taxes all Entities | $3,414,949,434 |
| CAD Budget as % of Property Taxes | 1% |
| Budget for Legal Counsel, Training and Other Expenses | $685,000 |