With early voting underway, Collin County voters will decide whether to approve a $600 million Collin College bond proposal and four Collin County bond propositions totaling $817.5 million, with different potential effects on property taxes.

The college anticipates no increase in its property tax rate if its bond proposal passes, while county projections show the debt-service tax rate could rise gradually over several years to help pay for the proposed county projects.

Both bond elections will include state-required ballot language stating, “THIS IS A TAX INCREASE.” However, the anticipated tax impact depends on each entity’s debt obligations, revenue growth and future tax rates.

Collin College’s $600 million Proposition A would fund the second and third phases of its Destination 2030 master plan. Proposed projects include expanded workforce training and career and technical education programs, an aviation academy in McKinney, and new or expanded campuses in communities such as Anna and Royse City.

College officials project the district can maintain its property tax rate of 8.122 cents per $100 of taxable property value if voters approve the bond package. The rate has remained unchanged since 2018, according to the information provided by the college.

Under that projection, a homeowner would not pay a higher tax rate specifically to cover the proposed college bonds. However, an individual’s total property tax bill could still change if appraised property values increase.

County projects proposed

The county’s bond package would fund a broader range of infrastructure and public facilities. Voters will consider four separate propositions totaling $817.5 million.

Proposition A would provide $296.5 million for court facilities, adult detention and mental health and medical facilities at the jail. Proposition B would allocate $475 million for non-tolled road and bridge construction and improvements.

Proposition C would provide $6 million for parks and open space projects, while Proposition D would allocate $40 million for county election operations and a records-storage facility.

County administrators project the debt-service tax rate could increase from the currently adopted rate of about 4.18 to 4.19 cents per $100 of taxable value to as much as 4.95 cents by 2031. That would represent a potential increase of about 0.77 cents per $100 of taxable value as bonds are issued over several years, through fiscal 2032.

At that maximum projected increase, a home with a taxable value of $350,000 would incur about $27 more annually in county debt-service taxes. The actual impact would depend on the taxable value of the property and the tax rate ultimately adopted.

The projections are not guarantees that the county tax rate will reach the maximum. County officials have indicated that continued population and revenue growth could allow the county to slow the pace of bond sales or cover debt obligations without implementing the full projected increase.

The bond proposals also come after the Collin County Commissioners Court voted 4-1 to increase the county’s overall operations and maintenance tax rate for fiscal 2026-27 to 15.1414 cents per $100 of taxable value. That rate is separate from the debt-service rate used to repay bonds.

For homeowners, the key distinction is that the college expects to finance its proposed bond package without raising its current tax rate, while the county’s proposal could lead to a gradual increase in the portion of the tax rate dedicated to debt repayment.

The Nov. 3 election will determine whether voters authorize the proposed borrowing. The eventual tax impact will depend on debt issuance schedules, property values, revenue growth and the rates adopted in future years.

Early voting will continue through Friday, Oct. 30. Election Day is Tuesday, Nov. 3, when polls will be open from 7 a.m. to 7 p.m. Voters can find early voting locations and additional election information through the Collin County Elections Department.

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