City council approved a $469 million operating budget for fiscal year 2014-15 on Sept. 8 that Mayor Harry LaRosiliere said will cause the new fiscal year to be "an even greater year."

The approved budget retained the tax rate at 48.86 cents per $100 valuation, which has remained the same since 2009-10, said Karen Rhodes-Whitley, Plano budget director. City Council also ratified a tax revenue increase of 4.046 percent due to an increase in property revenues from the previous year.

The new budget allows for 39 new full-time positions within the city, and a 3 percent salary increase for civil and non-civil service employees.

The budget includes a 10 percent water rate increase from $1.87 to $2.06 per 1,000 gallons and a 2.5 percent wastewater treatment increase from $1.57 to $1.61. Project costs from the North Texas Municipal Water District are tied to these increases.

Council members also adopted the Community Investment Program, which totals $158 million.

Before adjourning the meeting, Mayor Harry LaRosiliere commented on the road infrastructure investment within the new budget adoption.

"One of the most exciting things to me is we've dedicated $57 million to our streets and roads," he said. "I think it's indicative of the reinvestment that we are making in our community."