The city of Plano proposed a $928 million budget for the 2025–26 fiscal year, reflecting rising revenues and steady investment in infrastructure, public safety and core services.
The plan, presented to the city council on July 30, includes no changes to the property tax rate and introduces only modest service expansions.
Balanced Growth Without Tax Hike
While the total budget represents a $72.1 million increase over the original 2024–25 plan, the city proposes keeping the current property tax rate of 41.76 cents per $100 valuation. Property values rose 3.79% to $64.6 billion, including $650.8 million in new development.
Public Safety Gets A Boost
Public safety remains a priority. New funding includes:
- $294,427 for firefighter gear and emergency response upgrades
- $247,836 for two crime information specialists to support the Real Time Information Center
- $82,592 for an additional E-911 operator (The city will also maintain 24 school resource officers, with districts covering half of the salary costs).
Capital Projects Top $300 Million
The Community Investment Program outlines $321 million in capital projects, powered by 2023 bond funding and utility revenues. Notable projects include support for the Collin Creek redevelopment and the fire Station No. 5 expansion.
Major allocations include:
- $87.9 million for streets
- $84.6 million for water/wastewater
- $52.7 million for parks and recreation
- $49.6 million for city facilities
- $20.3 million for storm drainage
Rising Utility And Trash Rates
Residents will see rate hikes across several services:
- Water: $4.19 per 1,000 gallons (up from $3.85)
- Trash: $1 increase to $25.60/month
- Drainage: $1.50/month more for homes; small commercial increases
- Sewer: Increase due to regional supplier costs
Modest Workforce Growth And Pay Raises
The city plans to add two new positions and will fund 3% cost-of-living raises and market-based pay adjustments, totaling $4.3 million.
What’s Not Changing
No new programs or services are proposed for the upcoming year. The budget emphasizes maintaining service levels while managing growth and infrastructure needs in one of North Texas’ fastest-developing cities.
Plano officials will hold a series of meetings before approving the 2025–26 budget on Sept. 8, 2025.
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