(a) 
The city hereby designates the tax assessor-collector of Collin County, Texas, in compliance with section 6.22(c) of the Texas Property Tax Code, hereafter to be authorized and required to assess and collect taxes for the city and to perform all the duties relating to the assessment and collection of such taxes provided by the laws of the state.
(b) 
All taxes collected by the county tax assessor-collector for the city, including and penalties or interest which may be due thereon, and less any fees for such collection due the county, shall be remitted to them weekly.
(c) 
The city shall provide the county tax assessor-collector the current certified tax roll for the taxing unit on or about the first day of September of each year this section is in effect, including the ad valorem tax rate and any special tax assessments to be collected for the city.
(d) 
The city shall transfer to the possession and control of the county tax assessor-collector copies of all records necessary for the performance of the duties and responsibilities for the collection of ad valorem taxes, specifically including the delinquent tax roll, which includes sufficient detail to be able to prepare a tax bill in accordance with section 31.01 of the state Property Tax Code.
(e) 
In accordance with section 6.27(b) of the state Property Tax Code, the tax assessor-collector shall be entitled to a reasonable fee for assessing and collecting such taxes.
(Ordinance 90-3 adopted 8/2/90)
(a) 
Taxes that remain delinquent on July 1 of the year in which they become delinquent shall incur an additional penalty to defray costs of collection so long as the city has contracted with an attorney, pursuant to section 6.30 of the Property Tax Code, V.A.T.S., for collection of the taxes against which the additional penalty is imposed.
(b) 
The amount of the additional penalty imposed herein shall be an amount of money equal to fifteen percent (15%) of the amount of taxes, penalty and interest due.
(c) 
A tax lien shall attach to the property on which the tax is imposed to secure payment of the penalty.
(d) 
If a penalty is imposed pursuant to this section, the city may not recover, in addition thereto, attorney’s fees in a suit to collect delinquent taxes subject to the penalty.
(e) 
The tax collector of the city shall deliver, as required by the state Property Tax Code, V.A.T.S., a notice of the delinquency and of the penalty to the property owner at least thirty (30) days, and not more than sixty (60) days, before July 1 of the year in which the taxes become delinquent.
(f) 
Should the city contract with another taxing unit for the collection of taxes, then the provisions of this section shall survive and be applicable to the delinquent taxes collected by the taxing unit collecting taxes for the city, and, in such event, the notice required by subsection (e) of this section shall be delivered by the tax collector for the contracting taxing unit.
(Ordinance 94-10-1 adopted 10/20/94)
(a) 
The exemptions and freezes are granted as follows:
(1) 
A general homestead exemption of 1% is granted to all qualified homeowners subject to the city’s property tax pursuant to the laws of the state regulating the assessment of ad valorem taxes. If this percentage produces an exemption of less than five thousand dollars ($5,000.00) when applied to a particular residence homestead, the individual shall be entitled to an exemption of five thousand dollars ($5,000.00) of the assessed value of the property.
(2) 
The over 65 exemption shall be $20,000.00 with a local option freeze limit.
(3) 
The over 65 surviving spouse exemption shall be $20,000.00 with a local option freeze limit.
(4) 
The disabled person exemption shall be $20,000.00 with a local option freeze limit.
(5) 
The disabled person surviving spouse exemption shall include a local option freeze limit.
(6) 
The disabled veteran exemptions shall follow the state mandated amount.
(b) 
These exemptions and freezes shall be retroactive for the 2013 tax roll as well as in effect for future tax rolls.
(Ordinance 90-5 adopted 9/21/90; Ordinance 94-11-1 adopted 11/17/94; Ordinance 2013-06-01 adopted 6/4/13; Ordinance 2014-05-02 adopted 5/6/14; Ordinance 2019-02-01 adopted 2/5/19)
In accordance with and as permitted by article 8, section 1-j of the Texas Constitution and section 11.251(1) of the Texas Tax Code, the city council hereby adopts a freeport exemption to provide a property tax exemption on inventory that is detained in the state for 175 days or less, and to qualify, the goods must be in the state for certain purposes such as assembly, storage, manufacturing or fabrication.
(Ordinance 2019-09-01 adopted 9/3/19)