Economic
Profile: Tax Values
2011 Ad Valorem Tax Rates
Note: Tax rate is “per
$100 of assessed value”. Assessed value is
100% of market value. Tax rate applies to real estate
and personal property. Sunnyvale has triple freeport
exemption on inventory that has been in the State of Texas
less than 175 days
|
2011 Ad ValoremTax Rate Comparison
|
|
Tax
Authority |
Sunnyvale |
Dallas |
Garland |
Mesquite |
Seagoville |
Forney |
Terrell |
| Town/City |
0.407962
|
0.797000
|
0.704600
|
0.640000
|
0.690850
|
0.743098
|
0.647700
|
| School
District/ ISD |
1.410000
|
1.290347
|
1.253300
|
1.420000
|
1.290347
|
1.500000
|
1.310000
|
| Dallas
or Kaufman County |
0.243100
|
0.243100
|
0.243100
|
0.243100
|
0.243100
|
0.499100
|
0.499100
|
| School
Equalization-Services |
0.010000
|
0.010000
|
0.010000
|
0.010000
|
0.010000
|
|
|
| Parkland
Hospital |
0.271000
|
0.271000
|
0.27100
|
0.271000
|
0.271000
|
|
|
| Dallas
Co. Community College/Trinity Valley CC |
0.099670
|
0.099670
|
0.099670
|
0.099670
|
0.099670
|
0.081500
|
0.081500
|
| Kaufman
Co. Road & Bridge Tax |
|
|
|
|
|
0.057400
|
0.057400
|
| Total
Taxes |
2.441732
|
2.711117
|
2.581230
|
2.683770
|
2.604970
|
3.397698
|
3.112300
|
| |
| Cities/Towns
Tax Exemptions Offered
|
| General
Homestead |
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
| Homestead
for +65 |
$65,000
|
$64,000
|
$51,000
|
$65,000
|
$30,000
|
$10,000
|
$5,000
|
| Disabled |
$65,000
|
$64,000
|
$51,000
|
$15,000
|
$30,000
|
$0
|
$0
|
| |
| ISD/School
District Tax Exemptions Offered
|
| General
Homestead |
$15,000
|
$15,000
|
$15,000
|
$15,000
|
$15,000
|
$15,000
|
$15,000
|
| Homestead
for +65 |
$10,000
|
$45,000
|
$10,000
|
$25,000
|
$45,000
|
$10,000
|
$10,000
|
| Disabled |
$10,000
|
$45,000
|
$10,000
|
$10,000
|
$45,000
|
$10,000
|
$10,000
|
| |
| County,
School Equalization, Hospital Tax Exemptions
|
| General
Homestead |
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
| Homestead
for +65 |
$69,000
|
$69,000
|
$69,000
|
$69,000
|
$69,000
|
$15,000
|
$15,000
|
| Disabled |
$69,000
|
$69,000
|
$69,000
|
$69,000
|
$69,000
|
$15,000
|
$15,000
|
| |
| Community
College District Exemptions
|
| General
Homestead |
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
| Homestead
for +65 |
$50,000
|
$50,000
|
$50,000
|
$50,000
|
$50,000
|
$15,000
|
15,000
|
| Disabled |
$50,000
|
$50,000
|
$50,000
|
$50,000
|
$50,000
|
$0
|
$0
|
| Commercial/Industrial
Tax Abatement |
yes
- 2.5m
|
yes
variable
|
yes
variable
|
yes
- $2m
|
yes
|
yes
|
yes
|
| Triple
Freeport |
yes
|
yes
|
yes
|
yes
|
yes
|
yes
|
yes
|
| |
| Taxes
State
|
| Corporate
Income Tax |
No
|
No
|
No
|
No
|
No
|
No
|
No
|
| Corporate
Personal Income Tax |
No
|
No
|
No
|
No
|
No
|
No
|
No
|
| Local
Wage Taxes |
No
|
No
|
No
|
No
|
No
|
No
|
No
|
| |
| Texas
Franchise Tax |
| Partnerships
and corporations after $300,000 of revenues due
0.5% in retail & wholesale and others 1% of revenue
minus wages & contributions or 70% margin or
COGs |
|
Sources: Dallas
County Central Appraisal District and Kaufman County Tax
Assessor/Collector.
Market Values for Sunnyvale
|
Category |
2011 |
2010 |
2009 |
2008 |
| Business
Personal Property |
208,338,430 |
196,648,770 |
$
207,664,100 |
$
172,737,840 |
| Commercial |
300,581,
850 |
300,189,620 |
257,994,760 |
233,337,560 |
| Residential |
502,207,460 |
491,891,460 |
487,478,310 |
460,970,830 |
| Total
Market Value |
1,011,127,740 |
988,729,850 |
$
953,137,170 |
$
867,046,230 |
| Total
Taxable Value |
768,957,535 |
728,398,052 |
$
717,653,182 |
$
662,946,980 |
| % of Mkt
Value in Business & Commercial |
50% |
50% |
40% |
|
Source: Dallas Central Appraisal District
Top 10 Sunnyvale Taxpayers
- Dal-Tile and Warehouse Property
- American Marazzi Tile
- Texas Regional Medical Center at Sunnyvale
- Millard Refrigerated Service
- FedEx Distribution Center
- Stoney Creek and Douglas Properties
- Medical Center Office Building
- RKS Texas and FC Properties
- Daniel Steel Industries and Properties
- Superior Trailer Sales
|
