Certified property tax values for the city of Wylie were released by Collin Central Appraisal District in July and showed a slight increase from estimates made earlier this year.
Collin CAD released its property tax estimates in late March and the certified values on July 18. The certified values are used by governmental entities to set ad valorem taxes to fund their budgets for the year.
Murphy property owners pay taxes to the city, Collin County and Collin College, and to either Wylie Independent School District or Plano ISD.
Property values in Murphy increased 6.39 percent over the past year to a total of $2.5 billion, including $26.5 million of new construction. Existing property saw an increase of 5.26 percent.
By Joe Reavis • [email protected]