What is Plano's current Ad Valorem tax rate? Break down by funds.
The current ad valorem tax rate is:
47.35 cents per $100 of assessed valuation.
General Fund: 32.10 cents
General Obligation Debt Fund: 15.25 cents
Total: 47.35 cents
What is Ad Valorem?
A tax computed from the assessed valuation of land and improvements.
What is the Sales Tax rate in Plano?
8.25%
What portion of the Sales Tax does the City of Plano receive?
1% of the receipts from retail sales of taxable items.