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Certified values increase 12%

by | Aug 4, 2022 | Latest

The average market value for a home in Murphy increased by $123,000, according to

The average market value for a home in Murphy increased by $123,000, according to figures released by the Collin Central Appraisal District (CCAD).

Certified value summaries were released to taxing entities and the public by CCAD July 18 and the city’s taxable property values grew 12.14%. Taxing entities, including the city and school district, will use the certified values to help calculate revenue from property taxes and adopt the tax rate in September when they approve the budget for the next fiscal year.

For the full story, see our Aug. 4 issue or subscribe online.

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