City Council Approves $928M Budget Including Public Safety and Infrastructure Investments

The City of Plano City Council convened on July 30, 2025, to discuss the proposed budget for the upcoming fiscal year, focusing on financial policies, personnel, infrastructure, and affordability measures. The meeting highlighted the city's commitment to maintaining its AAA bond rating and navigating economic fluctuations while ensuring high service levels for residents and businesses.

City officials outlined the progression into the second year of a five-year financial roadmap, which aims to revise policies and practices. The budget for fiscal year 2025-2026 is set at $928 million, with a significant portion allocated to essential services. The proposed budget includes step increases for public safety personnel and across-the-board pay raises, reflecting the city's competitive compensation philosophy.

Infrastructure remains a priority, with the council authorized to issue $648 million for capital projects. The capital improvement program (CIP) for the upcoming year includes $93,000 for additional operations and maintenance, although no new programs or services will be introduced. The city is focused on maintaining existing services at a high standard.

In terms of affordability, the average home value in Plano has risen to $591,947, a 2.1% increase from the previous year. To alleviate the financial burden on residents, the city offers a maximum 20% homestead exemption and a senior tax freeze.

Karen Rhodes Whitley, the city’s budget director, presented detailed revenue and expenditure breakdowns. The revenue sources include $388 million from property and sales taxes, $333 million from charges for services, and $137.8 million from fund balances. On the expenditure side, the largest allocation is for water and sewer services, followed by public safety and debt service.

The council's discussions underscored the importance of strategic financial planning and community investment, with further decisions anticipated in the coming year as the city continues to prioritize its residents' needs.