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.
