FRISCO, Texas — Frisco property owners will see their municipal tax rate remain unchanged under the city’s upcoming fiscal plan, extending the city’s run without a property tax rate hike to nine straight years.

During a Sept. 2 workshop, the Frisco City Council directed administrative staff to hold the proposed property tax rate for fiscal year 2026–27 flat at $0.425517 per $100 of assessed valuation, matching the previous year’s rate.

Workshop Priorities and Relief on Utility Rates

At the final budget planning session, municipal staff presented several focal areas for the forthcoming cycle:

• Holding the Tax Line:Maintaining the $0.425517 rate per $100 valuation.
• Utility Fee Mitigation:Allocating city funds to cushion anticipated utility price hikes, alongside council instructions to evaluate further rate reductions for residents.
• Fiscal Sustainability:Initiating broader discussions on long-term fiscal planning to insulate the city against future economic pressures.

Frisco Mayor Mark Hill noted on social media that council members will deliberate further on long-term financial strategies during this year’s winter work session.Hill commended city staff, elected officials, and local residents for their active participation during recent public hearings, adding that the city’s future remains bright.

Shift from Initial Hike Proposal

The decision marks a pivot from an Aug. 10 council work session, where officials examined a potential 3.7% property tax increase—a bump of roughly two cents per $100 of valuation.

At that meeting, City Manager Wes Pierson argued that additional revenue would help meet growing reinvestment demands for Frisco’s local roadways, public parks, and core municipal infrastructure.Comparative city records highlighted that even with the proposed hike, Frisco’s tax rate would remain lower than neighboring North Texas municipalities such as The Colony, Prosper, Richardson, and Little Elm.Council members ultimately opted to keep the current rate intact.

Adoption Timeline

The Frisco City Council is scheduled to take a final, formal vote on the proposed fiscal package during its Sept. 15 meeting. Upon approval, both the budget and tax rate will take effect on Oct. 1.