Property in the Collin College taxing district carries a taxable value of about $257.2 billion for 2026, according to the tax roll summary going to the college's trustees this week.
The board's Finance and Audit Committee takes up the roll at 5 p.m. Tuesday, Oct. 20, at the Collin Higher Education Center, 3452 Spur 399 in McKinney. The same committee will review two insurance contracts that run five years from Nov. 1. Board-level versions of all three items carry an Oct. 30 date.
The tax roll
The Collin County Tax Office prepares the summary each year after trustees adopt a tax rate. For 2026 it lists:
- Total market value: $349.67 billion
- Agricultural deferrals: $16.24 billion
- Exemptions: $76.23 billion
- Taxable value: $257.2 billion
At the adopted rate of 8.122 cents per $100 of taxable value, the gross levy is $204.9 million. After subtracting about $4 million in lost levy, the net is $200.9 million.
In the college's 2027 budget, $180.8 million of the current-year levy goes to the general operating fund, which then moves $25.3 million into debt service, leaving about $155.5 million for operations. The debt service fund gets $14.9 million directly, for a total of $40.2 million.
Insurance
The larger insurance contract, for property, crime and cyber coverage, went out for proposals, and staff recommend Roach Howard Smith & Barton as best value at $7,277,535 over five years. General liability, law enforcement, educator's legal and auto coverage would come through the Texas Political Subdivisions joint insurance fund under an interlocal agreement, at $2,022,465 over the same period.
Together that is $9.3 million, the spending authorization staff are seeking.
