Mayor Mark Hill Connects Frisco Growth Strategy To Property Tax Pressure At State Of The City

Mayor Mark Hill used Frisco’s State of the City event to argue that continued economic development and sales tax growth are important to protecting residents from rising property tax pressure. In remarks focused on growth and affordability, Hill said that if the city wants to maintain a high quality of life and reduce the property tax burden on residential homeowners, it needs to keep expanding its business base.

Hill said the city would continue to defend what he described as a disciplined and smart approach to development. His comments framed growth not just as expansion, but as part of the city’s broader financial strategy. In simple terms, sales tax revenue from businesses can help support city services, which officials often point to as one way to ease reliance on homeowners.

The mayor also said affordability remains one of the biggest challenges facing Frisco. He pointed to traffic, population growth, and demographic change as major shifts the city has experienced over the past two decades. He raised the question of how many younger families are buying their first home in Frisco in 2026, underscoring concerns about who can still afford to live in the city.

Hill’s address was his first State of the City speech as mayor. Along with his comments on growth and taxes, he highlighted downtown and the Rail District as a personal priority, saying a plaza is about to open and calling it the beginning of what downtown could become. He also said the community parade will return to Main Street in November and encouraged businesses, nonprofits, and community groups to participate.

A video shown before the speech highlighted several projects and developments that Hill said were taking shape or reaching milestones over the last year, including The Mix, Toyota Stadium renovations, Grand Park, Universal Kids Resort, Fields West, Firefly Park, the Collin College Frisco campus expansion, and a new office tower called the Terraces.

No formal votes or approvals were announced during the remarks provided. Instead, Hill used the event to make the case that Frisco’s development strategy, downtown investment, and business growth are tied to the city’s ability to manage change while addressing affordability concerns.