BY JACOB VAUGHN
Frisco keeps tax rate flat in $304.7M budget Frisco officials approved the city’s $304.7 million fiscal year 2025-26 general fund budget and tax rate at a meeting Sept. 16. The budget keeps the tax rate flat at $0.425517 per $100 valuation while funding dozens of new public safety positions and road projects. The details The budget includes several portions of money, including the utilities fund and general fund. The general fund pays for day-to-day operations. The budget calls for funding 62 new positions throughout various city departments, including new police and fire personnel. The general fund will pay for 51 of these positions at a cost of about $3.4 million. Frisco will contribute another $5.4 million to fund merit-based increases, market-based adjust- ments and step increases for police and fire.
Officials vote to make downtown walkable Frisco officials recommended new rules regarding how land can be used in down- town to make the area more walkable. The Frisco Planning and Zoning Commis- sion unanimously recommended approval of the changes at its meeting Sept. 23. The details The city is attempting to change what kinds of businesses can operate downtown. For example, current regulation allows establishments with drive-thrus to do business in the area. If the new rules are approved, new businesses with drive-thrus would be prohibited. The new rules would also prohibit new businesses such as convenience stores with gas pumps and laundromats from opening in downtown.
Frisco tax rates per $100 valuation
$0.425517 $0.425517 $0.425517 $0.432205
2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26
$0.4466 $0.4466 $0.4466 $0.4466
$0 $0.1 $0.2 $0.3 $0.4 $0.5
SOURCE: COLLIN COUNTY/COMMUNITY IMPACT
The specifics City staff recommended a 9% increase to water rates and a 15% increase to sewer rates to cover increased operational costs. Fees for environmental services such as recycling will increase by $1 for residents and 5% for businesses. Storm water rates are also set to increase by 20%. Mayor Jeff Cheney said the budget balances tak- ing care of the city’s existing assets while planning for the future.
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FRISCO EDITION
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