Budget items expected to be discussed at the future meetings include:
- A proposed $48.91 million general fund budget
- Notable general fund items, including an additional $2.37 million for additional staff to support Prosper's stratified policing model, an additional $117,926 for the fire department’s emergency management and nearly 30 new positions across multiple city departments
- A combined water and wastewater rate increase of 7% due to cost increases from the town’s water supplier and the planned expansion of a wastewater treatment facility; this is the first rate increase for Prosper since 2019, according to a meeting presentation
- Projected debt funding for the next five years
- The proposed property tax rate of $0.51 per $100 valuation
The FY 2023-24 budget should push town leaders toward their overall strategic vision, which was adopted April 25, according to a meeting presentation. Vision items include:
- The acceleration of infrastructure
- The development of Downtown Prosper as a destination
- Ensuring the town’s commercial corridors are ready for development
- Continuing to provide excellence in municipal services
- Working toward a growing and diversified tax base
Stay tunedProsper residents unable to attend in person can watch a livestream of the meeting on the town's website.
Editor's note: This story has been updated. The budget includes additional staff to support Prosper’s stratified policing model, and a combined water and wastewater rate increase of 7% due to cost increases from the town’s water supplier and the planned expansion of a wastewater treatment facility.
