On Monday, the Richardson City Council approved the 2025-26 fiscal year budget, wrapping up a four-month process of departmental deep dives, budget strategy sessions, and public hearings.
The budget for the next fiscal year starting Oct. 1 totals $418.5 million, an increase of $12,419,516, or 3.1 percent, from the FY 2024-25 adopted budget. Funding priorities are concentrated on core missions and responsibilities to ensure that residents and other stakeholders experience reliable, uninterrupted services that directly affect daily quality of life. The impact to the typical taxpayer will be about $237 extra for the year, including property tax and utilities charges (water, sewer, drainage and residential solid waste).
Budget Website: www.cor.net/Budget
