Melissa ISD's property tax base for this year comes before the school board Monday, Nov. 16, when trustees vote on a resolution adopting the 2026 tax roll.
A summary from Collin County Tax Assessor-Collector Scott Grigg, attached to the agenda, puts the district's total market value at about $8.01 billion across 14,657 accounts. After roughly $2.59 billion in exemptions and agricultural deferrals, taxable value comes to about $5.42 billion. At the district's tax rate of $1.2008 per $100 of value, the roll produces a total levy of about $63.3 million.
Grigg's cover letter notes that adoption is required under Section 26.09 of the Texas Property Tax Code and calls it a formality.
Where the exemptions go
The largest exemption by far is the homestead exemption, which covers 7,872 accounts and removes about $1.08 billion from the taxable roll. Other large entries in the summary:
- Disabled veteran exemptions: about $109.9 million on 607 accounts
- Over-65 exemptions: about $67.1 million on 1,219 accounts
Agricultural valuation deferred about $575.6 million in market value on 456 accounts.
The summary also shows the effect of the school tax ceiling that freezes bills for older and disabled homeowners. Without the freeze, those accounts would owe about $3.64 million; the frozen amount is about $1.87 million, a difference the report lists as about $1.76 million in lost levy.
