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Plano unveils $788 million recommended 2025–26 budget; tax-rate ceiling posted at 44.06¢
Summary
City staff presented a $788 million recommended operating and capital budget for fiscal 2025–26 that holds the current tax rate but posts a higher legal ceiling; council will hold a public hearing Aug. 25 and is scheduled to adopt the budget and set the tax rate Sept. 8.
The City of Plano presented a $788,000,000 recommended budget for fiscal 2025–26 that keeps the current tax rate while posting a higher legal ceiling and schedules public hearings before adoption. Mayor John Muns and Karen Rhodes Whitley, the city’s director of budget, led the presentation during a city telephone town hall meeting.
City officials said the recommended budget represents a 4% increase over the current adopted budget and continues to prioritize public safety and water and sewer services. “The recommended budget for next fiscal year which starts October 1 totals $788,000,000 and represents a 4% increase over this year's adopted budget,” Director of Budget Karen Rhodes Whitley said.
Why this matters: the city posted a tax-rate ceiling of 44.06¢ per $100 of assessed value as required under Texas truth-in-taxation procedures;…
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