Consideration of an Ordinance to approve and adopt the Community Investment Program and set the appropriations for the fiscal year beginning October 1, 2026, and ending September 30, 2027; and providing an effective date. (Public Hearings held on August 1

Staff Report & Agenda Item Details

Consideration of an Ordinance to approve and adopt the Community Investment Program and set the appropriations for the fiscal year beginning October 1, 2026, and ending September 30, 2027; and providing an effective date. (Public Hearings held on August 10, 2026, August 13, 2026, and August 24, 2026.) Effective September 1, 2025, in accordance with Texas Government Code Section 551.043(c), the City of Plano Proposed Budget for Fiscal Year 2026-27 is posted at www.plano.gov and the Taxpayer Impact Statement for a Median-Valued Homestead tax bill comparison is posted as follows: MEDIAN-VALUED HOMESTEAD: $452,109 FY2025-26 (Tax Yr 2025) Estimated property tax bill at the current tax rate of $0.43760 (per $100): $1,978 MEDIAN-VALUED HOMESTEAD: $464,574 FY2026-27 (Tax Yr 2026) Estimated property tax bill at the proposed tax rate of $0.43760 (per $100): $2,033 FY2026-27 (Tax Yr 2026) Estimated property tax bill at the No New Revenue tax rate of $0.43322 (per $100): $2,013