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Prosper officials keep property tax rate steady for FY 2026-27

Prosper Town Council approved a property tax rate of $0.505000 per $100 in valuation, which is equal to the FY 2025-26 property tax rate, at a Sept. 8 meeting.

What residents should know: Despite the level property tax rate, the average resident’s tax bill is expected to increase from $3,518 in FY 2025-26 to $3,633 in FY 2026-27, according to a presentation by Finance Director Chris Landrum.

Budget explained: Expenditures in the town’s general fund are expected to increase roughly 6% compared to last year’s budget, including an 11.5% increase in recurring expenses, according to Landrum’s presentation.

Who it's for: Personnel-related budget increases reflect additional compensation for existing employees, especially for public safety employees like police officers, firefighters and dispatch operators.

 
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CI Business
Jimmy John’s opens additional Prosper location

Jimmy John’s is open on Preston Road in Prosper, a company representative confirmed.

On the menu: The sandwich chain offers build-your-own subs and wraps, according to the company’s website.

  • 480 S. Preston Road, Ste. 100, Prosper

 

Inside North Texas classrooms: How legislative shifts and budget strains impact DFW-area schools

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County Coverage
Q&A: Meet the candidates for Collin County judge

Two candidates are running for the Collin County judge position this November.

Early voting for the Nov. 3 election runs from Oct. 19-30.

The details: Incumbent Republican Chris Hill will face Democratic challenger John R. Buster Brown in the race for Collin County judge this November. Read Q&As with each candidate.

 

How a partner project landed UNT at Frisco students a top internship opportunity

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Metro News
McKinney amphitheater intersections, DART trains: See 5 DFW transportation updates

Check out five upcoming and ongoing transportation projects around Dallas-Fort Worth.

Upcoming projects

1. Light rail vehicle replacements

Project: Dallas Area Rapid Transit agency received a $70 million grant from the Federal Transit Administration, according to a news release from the agency. DART said it will use the $70 million grant to replace 53 light rail vehicles that were originally purchased over 30 years ago.

Update: DART has already begun the procurement process to purchase the new vehicles, but the agency has not announced a timeline for delivery.

  • Timeline: TBD

  • Cost: $70 million

  • Funding source: Federal Transit Administration

Ongoing projects

2. CPKC Railroad Crossing improvements

Project: The city of Plano is replacing existing railroad crossings at Los Rios Boulevard and Plano Parkway. The project will also add sidewalk for some of the city’s gaps in the current sidewalk system.

Update: Construction on the project started in September.

  • Timeline: September 2026-27

  • Cost: $179,219

  • Funding: city of Plano

 

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Samantha Douty
Editor

 

Kelli Cobuzio
General Manager

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