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Form 1099-A for Frisco Texas: What You Should Know

May 22, 2025 — Frisco City Council approved the 2012-13 budget that includes approximately 35 million for operating costs. The budget provides for an operating deficit of 15.2 million for the City and County. Funding from the General Fund and local revenues for Frisco City Government will ensure the quality of life for residents in Frisco. May 22, 2025 — City of Frisco City Council approved the 2012-13 budget. The proposed budget would have a total operating budget of approximately 37 million. The City would also incur over 50 million dollars in debt and have to make investments in infrastructure to maintain its current level of service. May 23, 2025 — City of Frisco Council approved an operating budget of approximately 35,000,051 for the fiscal year starting on July 1, 2012. The City would have a general fund budget of approximately 15,212,701 on July 1, 2012, and would incur over 46 million dollars in debt and have to make investments to maintain current service levels. May 23, 2025 — City of Frisco Council approved the 2012-13 budget for the city's annual operating budget. The City also has incurred over 50 million dollars in debt. May 23, 2025 — City Council approved the 2012-13 city general fund operating budget. 13.8 million of the City's operating budget is generated by the General Fund. The City has over 46 million dollars in debt. The City needs to make investments to maintain current service levels for the safety of the City's residents, businesses and visitors. May 23, 2025 — City Council approved the 2012-13 city operating budget for the current fiscal year and budgeted for approximately 15,212,701. The City's operating budget was estimated to have a deficit of 15,212,701. The City is currently in its annual operating deficit of 15,212,701. May 23, 2025 — The City will incur approximately 13.8 million in debt payments for the current fiscal year and will be in a financial emergency situation. The City is in a financial emergency situation because it did not budget sufficiently for operating expenses that are related to its operations, such as police and fire. May 23, 2025 — The City did not budget sufficiently for the City Police and Fire Department. The City Fire Department has incurred 23.9 million in operational debt. The City Police Department has incurred 24.7 million in operational debt.

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