header
Department: Budget & Performance Management
Director: Karen Rhodes-Whitley, Director of Budget & Performance Management
Agenda Item: Public Hearing on Property Tax Rate
Recommended Action: Items for Individual Consideration
end
Item Summary
title
Public Hearing on the proposed tax rate of $0.4376 per $100 of taxable value for Fiscal Year 2026-27. (The first Public Hearing was held on 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
body
Background
The City of Plano tax rate is equal to $0.4376 per $100 of taxable value. The City Council is scheduled to adopt the tax rate on Monday, September 14, 2026.
Financial Summary/Strategic Goals
Public hearing on the proposed tax rate.
A Public Hearing on the proposed tax rate relates to the City's Strategic Plan Critical Success Factor of Excellent, Innovative, and Accountable City Government.
Attachments
Memo