City of Richardson FY2026-27 Budget
The City of Richardson's proposed budget presentation for fiscal year 2026-27, including interfund transfers and revenue details for the water and sewer fund, presented to the City Council.
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The City of Richardson's proposed budget presentation for fiscal year 2026-27, including interfund transfers and revenue details for the water and sewer fund, presented to the City Council.
The City Council meeting included an executive session for personnel matters and reviewing applicants to fill the City Council Place 3 vacancy. The council approved the FY 2026-2027 operating budget and set the ad valorem tax rate for the upcoming fiscal year. Additionally, the council approved a negotiated settlement regarding Atmos Energy Corp.'s 2026 rate review mechanism filing and authorized annual requirement contracts for temporary labor services and security and ushering services for the Eisemann Center.
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The council meeting addressed several significant items including the public hearing on the proposed operating budget for fiscal year 2026-2027 and a public hearing regarding the amendment of the drainage utility system schedule of charges. Key legislative actions included the adoption of the municipal budget for the upcoming fiscal year, the levying of ad valorem taxes, and a resolution for the partial redemption of Taxable Series 2016B General Obligation bonds. Furthermore, the council considered ratifying the property tax increase for the adopted budget, conducted interviews to fill a city council vacancy, and reviewed amendments to the Master Fee Schedule covering various city services and permits.
The agenda includes consideration of amendments to the Municipal Civil Service System rules and regulations and the award of various bids related to open channel maintenance, roof replacement and sealing services, new City Hall furniture, and a remote broadcast and captioning system. Additionally, the Council will review the City Manager's proposed budget for fiscal year 2026-2027, propose a debt service tax rate, and conduct interviews for a City Council vacancy. A public hearing is scheduled regarding a zoning amendment for a property located at 300 S. Plano Road.
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