2018 is officially here, closing out the holiday season. Here are four stories from Frisco that you may have missed while you were on holiday break.
- Update: Wade Park developer faces more than $14 million in liens from unpaid construction services
This update to a previously published story says that Thomas Land & Development now faces more than $14 million in liens after Balfour Beatty Construction and SES Group filed liens in mid-December. So far, 14 contractors and suppliers have filed liens against the developer of Wade Park this last year.
- What does the new tax law mean for Texas?
An overhaul of the federal tax code was signed into law Dec. 22 by President Donald Trump. The Tax Cuts and Jobs Act, which passed the House of Representatives 224–201 and Senate 51–49 with no Democratic support in either chamber, is being touted as the most significant tax code change in decades. How much relief the bill brings depends upon various factors, including what people earn, how many children they have and whether they use certain deductions.
- 2016 American Community Survey: Frisco households are wealthier than ever
More Frisco households make $200,000 or more annually than any other income range, according to the 2016 American Community Survey by the U.S. Census Bureau. This is the first time that most Frisco households have made $200,000 or more annually—the largest income range measured by the ACS—since the ACS was implemented.
- Christmas tree disposal begins this week in Frisco
Frisco residents can drop off their live Christmas trees at the Environmental Collection Center at 6616 Walnut St. The center will accept trees through Jan. 31.