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Frisco City Council adopts FY2026 tax rate of 0.425517 and approves related budget measures
Summary
Council voted 5-0 to adopt an overall FY2026 tax rate of 0.425517 (maintenance & operations 0.292775; interest & sinking 0.132742), passed required ratification of increased property tax revenue, and approved related FY25 revised and FY26 proposed budget items including CDC and EDC appropriations.
Frisco City Council voted unanimously on Sept. 16 to adopt the FY2026 tax rate and to approve several budget measures and budget-related resolutions.
Tandy Anderson, director of budget and strategic planning, presented the recommendation to keep the overall tax rate at the voter-approval rate of 0.425517, split into a maintenance and operations (M&O) rate of 0.292775 and an interest and sinking (I&S) rate of 0.132742. Staff noted the proposed rate exceeds the 'no new revenue' rate of 0.408966 and observed the…
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