While cities in the county have already began setting the tax rates for fiscal year 2025-26, city officials in Celina, Frisco, Plano and Prosper are still discussing potential tax rate options.
Here is a list of the FY 2025-26 tax rates within Community Impact's Collin County coverage areas. Cities and school districts are listed in alphabetical order.
Collin County
County commissioners voted to maintain the FY 2045-25 property tax rate of $0.149343 per $100 valuation. Adoption of the new rate marks the 33rd year without a tax rate increase in Collin County, according to a presentation at the meeting.
Collin College
The college’s board of trustees unanimously approved a tax rate of $0.08122 per $100 valuation. This is the fourth year in a row the college has operated at this tax rate, according to Collin County tax records.
Celina
City officials are proposing a property tax decrease from $0.64 to $0.576401 per $100 valuation. Despite this, the average tax bill for residents is expected to increase by $7 a month due to rising property valuations.
Celina ISD
The district’s tax rate is $1.2089 per $100 of assessed value. This rate is just under a 3% reduction in taxes for the CISD community, CISD officials said.
Frisco
The tax rate is proposed to remain flat at $0.425517 per $100 valuation. This rate could raise more revenue from property taxes than last year's by $6.2 million, a 3.2% increase because of new property and higher valuations.
Frisco ISD
The new tax rate is $1.0194 per $100 of assessed value. The average homeowner in Frisco ISD could see their tax bills reduced by $279 with the district’s new tax rate.
McKinney
The property tax rate is $0.412284 per $100 valuation, a slight decrease from last year’s $0.415513 per $100 valuation.
McKinney ISD
The total rate approved by the board is $1.1043 per $100 valuation, a $0.0209 decrease from FY 2024-25’s rate of $1.1252 per $100 valuation. With the new tax rate and increased homestead exemption, the tax bill for the average single-family home will total $4,839, which is just over $500 less than the property tax bill for the average single-family home the prior year.
Plano
Plano residents could see higher property tax bills as City Council members consider approving the proposed ceiling of $0.4406 per $100 valuation. The change from the current $0.4176 rate to $0.4406 would add approximately $248 on the average homeowner’s tax bill, according to city documents.
Plano ISD
The new rate of $1.03955 per $100 of assessed value was approved by the PISD board of trustees. The 2025-26 rate is a decrease from 2024-25’s rate $1.04245 per $100 of assessed value.
Prosper
Prosper residents can expect to see a flat property tax rate in the upcoming fiscal year after Town Council set a $0.505 tax ceiling—matching last year’s rate—ahead of adopting the budget in September.
Prosper ISD
Prosper ISD officials approved a tax rate of $1.2141 per $100 of assessed value. This is lower than FY 2024-25's rate of $1.2552.
