A resident living outside the city limits currently pays county tax, school district taxes, and, in some cases, an emergency services district tax. Upon annexation, a city property tax would apply as well. The current city tax rate (as of 2016) is $0.573 per $100 valuation. However, McKinney City Council will consider a new tax rate of $0.540199 at their September 19, 2017 meeting. The Collin Central Appraisal District administers and evaluates property values for taxing purposes. Questions regarding taxing and appraisal values should be directed to the Collin Central Appraisal District at 469-742-9200.