Tick-Tock: Tax Increase

Tick-tock, tick-tock sounds the clock!  Days go by, and the tick-tock never seems to stop.  Meanwhile City of Frisco leadership sits behind closed doors while we watch the clock, just tick-tock!  Precious moments fading away and citizens still are not standing up to ask, is everything okay?  What happens when time runs out…?  Tick-tock they will try to approve a $300-$500 million dollar Performing Arts Center and announce they plan to raise taxes!

Back on June 18th at the Budget and Audit Committee Meeting we learned from the agenda that both the Committee Chair – Councilman Bill Woodard and Committee Members –Councilwomen Angelia Pelham and Laura Rummel were present.  They had a discussion regarding the “PRELIMINARY FY 2025 Budget” and our Chief Financial Officer, Derrick Cotton talked about potential revenue generating items.  It is the last paragraph where it says Mr. Cotton talks about the “Homestead Exemption” and presented changes in the adjusted taxable values and discussed a possible tax rate change for FY25 that had our attention.

They plan to pick up the discussion this Tuesday August 6th at 3pm at the next Budget and Audit Committee Meeting.  Then we noticed Tuesday nights city council meeting Agenda Item 32 calls for a public hearing on the FY 25 budget.  In fact, the city memo reads “Consider and act upon adoption of a Resolution calling for a public hearing on the City of Frisco FY 2025 Budget, Frisco Economic Development Corporation FY 2025 Budget, and Frisco Community Development Corporation FY 2025 Budget. (Budget/TA)”

Why does a city call for a public hearing on the potential adoptions of the budget?  Well according to Texas Local Government Code, Title 4: Finances, Subtitle A – Municipal Finances, Chapter 102 – Municipal Budget (wow that’s a mouth full) there are several reasons.  Section 102.005 specifically states that if they are proposing a budget change it must be available for public inspection.

(b)  A proposed budget that will require raising more revenue from property taxes than in the previous year must contain a cover page with the following statement in 18-point or larger type:  “This budget will raise more total property taxes than last year’s budget by (insert total dollar amount of increase and percentage increase), and of that amount (insert amount computed by multiplying the proposed tax rate by the value of new property added to the roll) is tax revenue to be raised from new property added to the tax roll this year.”

Once they conclude that so called “PUBLIC HEARING” they can adopt a budget according to the law.  So based on what they have been discussing, based on the public hearings they have quietly posted, we can guarantee you the city is about to announce a Tax Increase!  Right now, those city leaders are just hoping you are not paying attention and all the other political distractions around the country will keep you from recognizing the destructive path they are.

Now you should say, wait a damn minute Mayor Cheney – you just ran a year ago on the fact you have lowered taxes.  Let’s not forget John Keating and Angelia making the 2024 rounds campaigning for your vote claiming they lowered taxes and plan to continue lowering taxes, but all the while they knew they were going to propose an out of this world Performing Arts Center and raise taxes.  

Didn’t this city council pull out all the stops to get votes to VOTE NO against the Fire Fighters because they claimed it “WOULD INCREASE TAXES” when they already knew they were going to do it anyways? What they were not telling you then is they planned to raise taxes but just for things they want for their own selfish reasons. Who cares what citizens actually need….

In a time when inflation is high and we are facing a presidential election these mice are running around in the clock hoping we don’t pay attention to the TICK-TOCK, TICK-TOCK of the clock.  If any one of our council members vote to raise taxes – VOTE THEM OUT!  Why are we, one of the flushest cities, according to Cheney talking about revenue generating ways for the city to make money.   It is simple, CHENEY-VILLE COSTS A LOT TO BUILD.  The old red head wants you to just do as he say’s and not ask questions ASK QUESTIONS!

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