A new maximum property tax rate approved by Frisco leaders means residents could see the city’s first rate increase since 2017 in fiscal year 2026-27.
Council members have not adopted a final rate, but by raising the cap, they have made a higher tax bill possible in a fast-growing North Texas city where affordability remains a priority for families, seniors, and longtime residents.
What happened?
According to Community Impact, Frisco City Council approved a fiscal year 2026-27 property tax rate cap of $0.441289 per $100 valuation during an Aug. 10 special-called work session. If the city later chooses that amount, it would be Frisco’s first tax rate increase since 2017.
The proposed ceiling is 3.71% higher than the current rate of $0.425517 per $100 valuation. City documents state that for every $100,000 of taxable value, a homeowner would pay about $1.31 more per month, or $15.77 per year…