Frisco City Council hears property tax increase, other proposals to fund 17 jobs frozen since January

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A property tax increase may be in the cards for Frisco residents after all.

The proposed budget for fiscal year 2010 released this month included no tax hike and several belt-tightening measures to get the city through these hard times. Among those measures was spending $1.8 million of the city’s fund balance.

But council members have since asked city staffers to provide more options so they could consider filling some jobs frozen this year or cutting its fund balance.

One option presented at Tuesday night’s City Council meeting would increase the tax rate by 1.5 cents. That 3.3 percent increase would bring the city’s property tax rate to 46.5 cents per $100 assessed valuation. On a home valued at $291,330, the city’s average, property taxes would go up $43.70, to $1,354.68.

The city is planning on no increases in sales tax revenues; a drop in the number of new homes and businesses being added to next year’s tax rolls; and a drop in commercial property valuations.

Frisco Real Estate

Full Story on Dallas News

A property tax increase may be in the cards for Frisco residents after all.

The proposed budget for fiscal year 2010 released this month included no tax hike and several belt-tightening measures to get the city through these hard times. Among those measures was spending $1.8 million of the city’s fund balance.

But council members have since asked city staffers to provide more options so they could consider filling some jobs frozen this year or cutting its fund balance.

One option presented at Tuesday night’s City Council meeting would increase the tax rate by 1.5 cents. That 3.3 percent increase would bring the city’s property tax rate to 46.5 cents per $100 assessed valuation. On a home valued at $291,330, the city’s average, property taxes would go up $43.70, to $1,354.68.

The city is planning on no increases in sales tax revenues; a drop in the number of new homes and businesses being added to next year’s tax rolls; and a drop in commercial property valuations.

Frisco Real Estate

July 13, 2009 - Pegasus News - McKinney was recently named as one of the 25 Best Places to Move in the country by Forbes.com, coming in at #9. Out of the list of 25, six cities are in the Dallas metropolitan area, including Flower Mound at #6, Frisco at #7, McKinney at #9, Carrollton at #12, Allen at #19, and Plano at #25.

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Frisco recently enacted and is enforcing an indoor smoking ban, but city leaders are considering granting an exception for a cigar bar.

The city was recently approached about the possibility of building a free-standing cigar bar in Frisco Square, the property bookended by City Hall and Pizza Hut Park.

“I’d like to think government is flexible and always look for ways to work with our local community and local businesses,” Mayor Maher Maso said.

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When people talk coffee, people talk Starbucks. Somehow Starbucks has worked its way into being synonymous with the caffeine-laden beverage that so many in America are dependant on to make it through their days.

With Starbucks cornering the market on coffee, however, many shops find that they have to step it up to compete at all. Some of them have brought their best game, too, and have created places and drinks that blow Starbucks out of the proverbial water.

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In the same spirit as the independent, Texas-owned bank, American Bank of Texas has taken the lead to bring authentic, family entertainment to Frisco through the 4th Annual AMERICAN BANK OF TEXAS FRISCO GROOVES concert series. Each Friday night in June at 7:30 p.m., a leading Texas artist will provide a live concert.

Each concert takes place at Warren Sports Complex on Eldorado between Preston Road and Dallas North Tollway in Frisco. Open to the public. Wagons and picnics welcome. Bare feet, dancing and kids rolling around in the grass encouraged. Bring your own chair or blanket and your neighbors (if you like ‘em!). Concessions and CD sales will be available on site.

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About 20 minutes; that’s how long Google maps states it takes to get to the Plano Dog Park when driving from Frisco. A hop, skip, and a jump; that’s all it’ll take to get you and your dog to the Frisco Dog Park when it’s built. Trying to get a dog park built isn’t an easy feat. Yet, that didn’t stop a volunteer organization found at www.friscodogpark.org from adopting this lofty goal. In September 2007, this group began imploring for the attention of the Parks and Recreation Board. The volunteer team assures us that The City staff, Parks & Recreation Board, and City Council members have been very helpful in explaining the obstacles that need to be overcome to ensure that the valuable project becomes a reality. As one would expect, the main challenge is funding. The volunteer team, made up of nearly 700 people, requests that people sign up on their website as supporters. Periodically the number of supporters is reported to the City Council and Parks & Recreation Board, which helps these groups understand how many people are in favor of attaining a dog park in Frisco.

Believe it or not we have a whole population of Frisco that is over 21 and a lot of those folks really like their sports. Now those folks have a new venue that is working towards entertaining them. Coach Joe’s at Preston & Main Street is under new ownership as of February, 2009. You will start to see that new signage promoting the new name “Buck Wilds” in the coming month.

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CORE Construction has named Tim Erickson president of the Texas office in Frisco.

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The Frisco Independent School District has issued the following press statement in regard to concerns about swine flu in North Texas. Updates will be provided as available.

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