FY26 Property Tax Fee Similar as Earlier 12 months; New Budget contains 20% Homestead Exemption • Frisco, TX

(September 19, 2025) The City of Frisco’s property tax fee for the subsequent fiscal 12 months is .425517 – the identical fee authorised the earlier 12 months.  The Frisco City Council authorised the property tax fee as a part of Frisco’s fiscal 12 months funds for 2026 on Tuesday night time. 

In June, the Frisco City Council elevated the town’s homestead exemption from 15% to twenty% — the utmost allowed by state regulation.  Beginning in January, Frisco householders could save a mean of about $120 on their metropolis property tax invoice, because of the elevated homestead exemption. 

Frisco’s General Fund, balanced funds is $306.3 million.  Capital investments whole $1.04 billion and give attention to sustaining and enhancing infrastructure, in addition to making new investments aligning with long-term objectives. 

“The FY26 budget reflects Frisco’s continued commitment to strong financial stewardship, strategic investment and exceptional service delivery for our residents,” stated Derrick Cotten, Chief Financial Officer.  “By balancing the city’s growing needs with responsible fiscal planning, we ensure today’s resources not only meet current demands but also position us for long-term sustainability.” 

The metropolis’s funds offers for 58.5 new full-time equal positions to take care of high-quality companies and operational excellence. 

Wes Pierson, City Manager, famous a winter work session when City Council “…emphasized the importance of being deliberate and forward-thinking as Frisco enters a more mature phase of growth and prepares for the community’s full build-out.” 

Pierson says City Council’s imaginative and prescient and priorities embrace retaining and attracting ‘top talent’; modernizing getting old infrastructure; investing in expertise; leveraging partnerships and collaborations; and preserving wholesome ‘reserves’, within the occasion of financial shifts or unexpected challenges. 

Unassigned reserves stay sturdy at about 30% — which is above the town’s 25% coverage.

View the Budget Office internet web page.