Allen residents will continue benefiting from one of the lowest property tax rates in Collin County following the approval of the city’s 2020-2021 tax rate and budget.
Allen City Council voted to lower the city’s property tax rate during the September 8 meeting, down from $0.489 to $0.485 per $100 of appraised value. The city’s portion of Allen residents’ total tax bills is 22%. Other taxing entities include Allen Independent School District, Collin County and Collin College.
While residential property appraisals went down and sales tax revenue decreased, new commercial properties resulted in an increase of $396,703 to the city budget. This increase allows the City to maintain quality services, programs and facilities for its growing population and business community, as reflected in the $273.38 million annual budget also approved by City Council.
In this year’s budget, two full-time equivalent positions will be moved from the Parks and Recreation Department to the Community Enhancement and Community Development Departments. These new positions will support new neighborhood integrity initiatives and provide senior-level support for complex zoning and development cases. To further enhance workplace safety initiatives, one new position will be added to the Human Resources Department. This position is not included in the General Fund, but instead will be fully funded by the Risk Management Fund. Additionally, Allen Police Department will gain one new School Resource Officer. This position will be fully funded by Allen Independent School District. Despite adding new positions, Allen’s ratio of city employees to citizens will decrease from 8 to 7.57 employees for every 1,000 residents.
Police, fire and EMS services will be responsible for the biggest chunk (45.3%) of the City’s general fund expenses next year. Culture and recreation, including parks and library operations, is next in line at 25.3%. The remainder covers public works, community development and general government.
Allen City Council held a public hearing on the budget and property tax rate prior to the September 8 vote. The new fiscal year will begin on October 1.
Watch the full presentation during the September 8 Allen City Council meeting. (Item 10)