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Plano ISD proposes decreased tax rate for next fiscal year

Plano ISD’s tax rate is set to decrease heading into fiscal year 2026-27.

The gist: The proposed property tax rate of $1.0328 per $100 of appraised value would be a decrease of around 0.65% from fiscal year 2025-26.

Homeowners may still see an increase in taxes paid due to an estimated increase in appraised home value, PISD Chief Financial Officer Courtney Reeves said at a May 19 board of trustees meeting.

The average residence is expected to pay $4,827 in property taxes to the district in FY 2026-27, an increase from $4,670 in FY 2025-26.

Quote of note: “The average market value of a home is expected to increase from $612,000 to $618,000,” Reeves said. “While the district’s tax rate is decreasing slightly, the increase in the taxable value does result in a modest increase for the average homeowner.”

 
coming soon
Coworking space Kiln to open Plano location in Shops at Legacy

Kiln is set to open a new coworking space in Plano, according to a news release from the company.

The specifics: The 29,000 square foot space in the Shops at Legacy will feature coworking areas, team studios, private offices, event venues and more.
 

 
Latest Education News
Richardson ISD to hold off on tax-rate election, consider marketing approach

The Richardson ISD board of trustees agreed to hold off on a voter-approval tax rate election amid declining revenue and enrollment. The board also considered investment in a marketing campaign to increase revenue through greater enrollment at the May 14 meeting ahead of adopting the 2026-27 budget in June.

The overview: Growing enrollment is the primary method to increase district funding, so the board has been considering a “district awareness campaign” that would involve a partnership with an outside agency and a multichannel marketing push to recruit and retain RISD students. While original plans showed the marketing campaign could cost up to $500,000, board members supported a smaller investment with a phased approach.

Zooming in: The proposed voter-approval tax rate election would have put a 3.17-cent tax rate increase on the November ballot, which if approved would provide an additional $7.7 million in revenue next year. Trustees agreed to wait until after next year’s legislative session to consider holding a VATRE, citing costs to the district and community as well as uncertainties around legislative impacts.

 
Metro News Monday
Uncle Julio’s closes, single-family homes in development: 6 trending Dallas-Fort Worth stories

Check out six trending stories from Community Impact’s Dallas-Fort Worth coverage areas.

1. Uncle Julio's closes Frisco location

2. Single-family neighborhood heads for development in Richardson

3. Super Player Arcade brings claw machines, VR and craft studio to Plano

4. Arapaho Center Station redevelopment in Richardson on hold due to funding concerns

5. Celina officials OK $2.6M for Legacy Drive designs

6. Q&A: Meet the candidates in Frisco's runoff election for mayor

 

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Michael Crouchley
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