Finance

The Finance Department is responsible for preparing financial reports, maintaining the general ledger, processing accounts payable and payroll, and cash and debt management. Our mission is to ensure fiscal responsibility to the citizens while providing competent, quality service and information to the external and internal customers of the Finance Department.  

Notice of Effective Tax Rate 8-1-11

The Central Appraisal District of Collin County appraises property annually and certifies appraised values to the government entities.  A person age 65 or older or a disabled person may apply for an exemption from City taxation of $50,000 appraised value of the resident’s homestead.  This can be done by submitting an affidavit claiming eligibility to the appraisal district. Application forms can be found on the appraisal district website at www.collincad.org.

Financial Information:

The City was awarded the Government Financial Officers Association (GFOA) Certificate of Excellence in Financial Reporting for the past five fiscal years.  Budgets and Comprehensive Annual Financial Reports (CAFR) are available for the following fiscal years:

Finance Director: Linda Truitt 206 North Murphy Road  Murphy, Texas 75094  972.468.4119