Plano homeowners, get ready for a potential property tax hike. This could mean bigger bills coming your way soon.
At a glance
Declining — being discussed less frequently. 0 mentions in the last 30 days, 1 the 60 before.
The chosen tax rate directly affects property tax bills for residents and the amount of revenue available for city services.
Residents may benefit from lower tax rates, while the city benefits from sufficient revenue to provide services.
Residents could face higher property taxes if rates increase beyond the "no new revenue" level.
Discussions around the financial forecast included the "no new revenue" and "voter approval" tax rates. Understanding these policies is key to how property taxes are set and how much revenue the city can collect to fund services.
Plano City Council approves increasing property taxes CBS News
Own a home in Plano? Your property taxes may go up KERA News
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