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Department: Budget & Performance Management
Director: Karen Rhodes-Whitley, Director of Budget & Performance Management
Agenda Item: 2026-27 CIP Appropriation
Recommended Action: Items for Individual Consideration
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Item Summary
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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
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Background
This Ordinance approves and adopts the capital improvement projects in the Community Investment Program to be completed or undertaken in 2026-27, and sets the level of appropriations for the various funds, as reviewed by City Council.
Financial Summary/Strategic Goals
This Item has no financial impact as it solely sets Community Investment Program appropriations for the 2026-27 fiscal year.
Adoption of this Ordinance relates to the City’s Strategic Plan Critical Success Factor of Excellent, Innovative and Accountable City Government.
Attachments
Memo
Ordinance
Informational