SPECIAL-CALLED CITY COUNCIL
BUDGET WORK SESSION MEETING
THE GROVE AT FRISCO COMMONS
COMMONS HALL
8300 MCKINNEY ROAD
FRISCO, TEXAS 75034
6:00 PM
Monday, August 10, 2026
AGENDA
1. |
3. | Consider and act upon the approval of the 2026 tax rate calculation worksheet for Fiscal Year 2027 - Tax Year 2026. (Budget/TA) |
4. | Consider and act upon the Fiscal Year 2027 proposed tax rate and record an individual vote. (Budget/TA) |
CERTIFICATION
Kristi Morrow, City Secretary, certifies that this Notice of Meeting was posted on the outside bulletin board, at the George A. Purefoy Municipal Center of the City of Frisco, Texas, a place convenient and readily accessible to the general public at all times, and said Notice was posted on the following date and time:
By Tuesday, August 4, 2026 at 5:00 PM and remained so posted at least three (3) business days before the meeting was convened.
If during the course of the meeting covered by this notice, the City Council should determine that a closed or executive meeting or session of the City Council or a consultation with the attorney for the City should be held or is required, then such closed or executive meeting or session or consultation with attorney as authorized by the Texas Open Meetings Act, Texas Government Code § 551.001 et. seq., will be held by the City Council at the date, hour and place given in this notice as the City Council may conveniently meet in such closed or executive meeting or session or consult with the attorney for the City concerning any and all subjects and for any and all purposes permitted by the Act, including, but not limited to, the following sanctions and purposes:
Texas Government Code Section:
§ 551.071 – Private consultation with the attorney for the City.
§ 551.072 – Discussing purchase, exchange, lease or value of real property.
§ 551.074 – Discussing personnel or to hear complaints against personnel.
§ 551.076 – Discussion regarding the deployment, or specific occasions for implementation, of security personnel or devices, or a security audit.
§ 551.087 – Discussion regarding commercial or financial information that the Board has received from a business prospect or to deliberate the offer of a financial or other incentives to a business prospect.
NOTICE
This is a taxpayer impact statement showing, for the median-valued homestead property, a comparison of the property tax bill in dollars from the current fiscal year to an estimate of the property tax bill in dollars for the same property for the upcoming fiscal year, if the city’s proposed budget is adopted and if the budget funded by the no-new-revenue rate is adopted instead. | |||
Fiscal Year (Tax Year) | Median-Valued Homestead | Tax Rate per $100 of Value | Estimated Property Tax Bill |
FY 2025–2026 (TY 2025) | $543,216 | Adopted 2025 Tax Rate: $0.425517 | $2,311.48 |
FY 2026–2027 (TY 2026) | $560,395 | 2026 No-New-Revenue Tax Rate: $0.418124 | $2,343.15 |
FY 2026–2027 (TY 2026) | $560,395 | Proposed 2026 Tax Rate Based on the Proposed Budget for 2026–2027: $0.441289 | $2,472.96 |
Pursuant to City of Frisco Ordinance Number 19-10-86, each member of the public wishing to address the City Council shall be entitled to speak for up to five (5) minutes, unless ten (10) or more members of the public are present to speak on a single agenda item, in which case the City Council may by majority vote reduce the allotted time from five (5) minutes to three (3) minutes per speaker to ensure that as many people as possible have an opportunity to speak, subject to the requirements of other law.
NOTICE OF ASSISTANCE AT PUBLIC MEETINGS The Grove at Frisco Commons is wheelchair accessible. Access to the building and special parking are available at the primary south entrance facing McKinney Road. Persons with disabilities who plan to attend this meeting and who may need auxiliary aids or services such as interpreters for persons who are deaf or hearing impaired, readers, or large print, are requested to contact the City Secretary’s Office at least 48-hours prior to the meeting. Please e-mail your request to: CitySec@friscotexas.gov or call (972) 292-5020. BRAILLE IS NOT AVAILABLE. |
Date Removed: _____________________________ |
Removed By: ______________________________ |