Collin County residents will see a higher property tax rate for fiscal year 2026-27.

What happened: The Collin County Commissioners Court voted to raise the property tax rate to $0.151414 per $100 in property valuation, a 1.4% increase from the rate of $0.149343 per $100 that has been in place since FY 2023-24.

What it means: Despite the higher tax rate, not every Collin County resident will end up paying more property taxes this year, Director of Budget Mónika Arris said.

Explained: Whether or not individual property tax bills increase will depend on the value of each property and how it has changed since last year, Arris said.

Big Air Trampoline is opening its new Plano location in November, according to its location owner.

The details: The indoor trampoline and adventure park offers a variety of activities like its extreme dodgeball, which takes place in a trampoline court, and a foam pit for kids to launch into from trampolines, according to its website.

Plano ISD saw enrollment drop by more than 2,500 students, while Trader Joe’s plans stores in Fort Worth and Plano. Check out six trending stories from Community Impact’s Dallas-Fort Worth coverage areas.

1. Plano ISD enrollment down more than 2,500 students from last school year

2. Trader Joe’s plans store in north Fort Worth

3. El Fenix Mexican Restaurant temporarily closes McKinney location

4. Trader Joe's to open second Plano store

5. Project Nexus takes flight, launches air taxi testing at Perot Field in Fort Worth

6. Red's on Main reopens Frisco location after funding challenges

Some Texas Republican leaders have vowed to get rid of the property taxes that homeowners pay to their local public school districts, and lawmakers are analyzing how much it would cost to do so.

The big picture: Texas school districts collect about $29 billion per year in maintenance and operations taxes, which cover schools' daily expenses.

Of that $29 billion in school tax revenue, the state comptroller's office estimates that about $8.6 billion is paid by homeowners, and the rest comes from commercial and industrial property taxes.

This means the state would need to spend at least $8.6 billion annually to zero out homeowners' school property tax bills, officials said.

Quote of note: "Broadly speaking, you have a question about how much you want to fund schools, and then separately, where does that money come from?" Texas Education Commissioner Mike Morath said during a Sept. 15 legislative hearing. "If you have a target of how much you want to spend, you need to make sure you have enough variable revenue sources to reach that."