On Oct. 28, the Frisco Town Council successfully approved a $53,952,465 budget for 2026 on the second reading of the proposal. 

The Town Council expects to have $45,069,250 in projected revenues in 2026. With estimated revenues and reserves totaling $67,349,720, the town will have sufficient funds to cover its expenditures, according to communication Frisco released on the adopted budget.

Town Council predicts it will have a total estimated ending fund balance of $31,027,608 at the end of 2026.

Like previous years, Frisco Town Council also adopted a mill levy of 0.798 mills. The mill levy rate is the same as it has been for the last several years and cannot be increased unless there is approval in a public election. 

In Frisco, property tax collections are used in order to defray the expenses in the general fund, and Frisco property tax revenue is forecast to result in revenues of $300,277 in 2026. 

Last year, the revenue of Frisco’s general fund saw a slight increase from 2024 to 2025, and the same is expected when comparing 2025 to 2026. The general fund will increase slightly from $21,448,332 in projected revenue in 2025 to $22,159,794 in 2026 — or a 3.32% increase.

The capital improvement fund is set to see a decrease of $155,000 in projected revenues in 2026. In terms of expenditures, the capital improvement fund will see an over $5,500,000 decrease, and the general fund will see a decrease of $155,774. 

The significant decrease in capital improvement fund expenditures is due to less of a focus on capital outlay during the 2026 fiscal year. In 2025, Frisco spent $10,080,377 in capital outlay projects, with close to 20% of that amount being spent on a major fiber infrastructure project. 

In 2026, Frisco is expected to spend $4,866,933 on capital improvement projects. Vehicles and equipment are expected to eat up a big chunk of the capital improvement expenditures with $1,396,000 being allotted to that bucket. 

One of the year’s biggest projects will be the improvement of Pioneer Park. The redesign project is expected to cost $1,500,000, and the town is still deciding on what exactly the park improvement will look like. 

According to the town, Frisco will host a community open house on the project sometime in December, before unveiling a construction design in the spring of 2026. The construction of park improvements is expected to begin in the summer of 2026. 

Frisco has had several community events and open houses over the last few months in order to garner feedback on what the park should look like. From September through October, Frisco had a brainstorm board at the park for community members to write their ideas.

The town also has a community survey open until Sunday, Nov. 16. To take the community survey, visit FriscoGov.com.

Located at 6th Avenue and Galena Street, Pioneer Park currently includes two public tennis courts and picnic tables.The park does not contain other amenities such as restrooms, playground features, signage.

Through funding assistance, the town is working with landscape architecture and engineering firm SCJ Alliance on a design to improve Pioneer Park and to address the growing needs of the community.

The town is also slated to complete a redesign of the Frisco Bay Marina’s bathhouse/restroom. The project is expected to cost $700,000 in 2026.  

Highlighting a continued focus on enhancing Frisco-area trails, $150,000 will be spent on trail construction and enhancements around town. Other major capital improvement fund expenditures include $75,000 for walkability improvements, and $50,000 will be spent on police vehicle upgrades.