Plano residents will see higher property tax bills after City Council members voted to raise the city’s property tax rate by just over 4% at their Sept. 8 meeting .

Staff initially proposed a rate of $0.4406 per $100 valuation on Aug. 26, before approving the lower rate of $0.4376 per $100 valuation The approved rate is higher than the current rate of $0.4176 per $100 valuation.

Zooming in

The approved budget is about 5% larger than last fiscal year’s and includes Plano’s $319 million Community Investment Program , which funds projects such as street improvements, public parks, facility improvements and erosion control .

Karen Rhodes-Whitley, director of budget and research, said the program is primarily funded through the debt portion of the property tax rate.

What you need

See Full Page