How much rain can North Texas expect in September? ... and more news

The Climate Prediction Center, a branch of the weather service, is currently forecasting below-average precipitation chances for the middle of the month. The end of September currently has average rainfall chances, giving little insight into just how many days of rain North Texans can expect. In other news, for the first time in 16 years, Plano leaders could soon raise the city’s property tax rate, citing slowing growth and the higher costs of maintaining its infrastructure and quality of life;  the Texas M&A landscape continues to defy economic headwinds in what has proven to be an uneven deal environment. The third quarter kicked off with a handful of transactions valued at a billion dollars or more, including a few involving notable brands headquartered in North Texas; and Powerball players in Missouri and Texas won the nearly $1.8 billion jackpot on Saturday, overcoming astronomical odds to end the lottery game’s three-month drought without a big winner.
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