Stay informed about the latest local news in Frisco, including city council and FISD news, local development and business updates, plus the latest headlines on PGA Frisco.
The North Texas Food Bank received a $100,000 donation from online retailer Amazon as the nonprofit continues to provide meals for residents in need.
Texas state agencies and institutions of higher education to expect a 5% reduction in budget plans for the 2020-21 biennium as part of the state's response to the economic ramifications of the ongoing coronavirus pandemic.
“Small businesses are having to pivot, and we are seeing that. We are having businesses that had one business model that had to change," said Adriana Cruz, executive director for economic development and tourism in the Office of the Texas Governor.
Officials anticipate drawing from federal funds to ensure no delays in benefit payments.
The $2.2 million program called Denton County OPEN started May 13.
Plano-based J.C. Penney filed for bankruptcy protection May 15, a move the company said would help it navigate the difficult business climate during the ongoing coronavirus pandemic.
Nationwide sales of retail, food services plummet in March, April amid social distancing, stay-at-home orders
As many businesses are operating on decreased capacities or have shut down completely, one side effect is a dip in monthly sales for retail and food services.
‘We have no intention of furloughing employees’: Frisco ISD preps 2020-21 budget for impact of pandemic
The board will vote on the 2020-21 budget at a June 22 special meeting.
Here are five recent updates from the metroplex, on businesses starting back up, people out of work and more.
The $7.16 million in sales tax revenues allocated this month for Frisco was a 12% decrease from the amount collected during the same month last year.
Unemployment numbers hit a record high in April, the highest level recorded since 1948, when these reports were first issued.
The funds raised will be distributed to nonprofits, school districts and government organizations across Texas to help promote economic development, health care and education.
Sales tax revenue collected by the state of Texas in April totaled $2.58 billion, a more than 9% drop compared to April 2019,
43.39% of restaurant owners choosing to reopen dine-in service May 1, Texas Restaurant Association survey shows
Texas restaurants have not been permitted to offer dine-in services since mid-March but could start again beginning May 1.
As some Texas restaurants and businesses prepare to reopen with limited occupancy starting May 1, to-go alcohol sales will be allowed to continue, according to the Texas Alcoholic Beverage Commission and Gov. Greg Abbott.
The Frisco EDC is working with the Frisco Fire Department to offer a tool to the business community for how they should operate during Phase 1.
Frisco established a Recovery Planning Team in early April that has been working on a phased approach to restart the community’s economy amid the coronavirus pandemic.
An Edward Jones financial advisor said families should first create a budget and then stick to it.
While state parks reopened across Texas on April 20, restrictions remain in place for parks visitors.
Since March 14, the Texas Workforce Commission has helped more than 1.2 million Texans apply for unemployment benefits.
Officials clarified that products bought online still qualify for the exemption and urged residents who visit retailers in person to follow social distancing guidelines.
The webinar highlighted four Small Business Association programs, including the Paycheck Protection Program, the Economic Injury Disaster Loan, the SBA Express Bridge Loan and SBA Debt Relief program.
The federal stimulus benefits are in addition to the state’s normal payments, which can amount to up to $521 per week, depending on an applicant’s former income.