Frisco ISD operates more than 11 million square feet of learning space across 77 buildings.
20 campuses in Frisco ISD are at or nearing 25 years in age.
Over the last 5 years, construction costs have gone up nearly 20%.
Despite inflation, school districts have not received an increase in state funding since 2019.
School districts have not received an increase in state funding since before COVID in 2019.
Delaying projects by one year could cost taxpayers up to $100 million more.
Updating building systems will improve efficiency and save money on operating costs district-wide.
Frisco ISD has one of the lowest total tax rates in the area.
Frisco ISD has a AAA bond rating.
Frisco ISD has an AA+ Underlying credit rating affirmed by Standard & Poor’s.
Frisco ISD has an Aa1 Underlying credit rating affirmed by Moody’s Investors Service.
The State does not help pay for construction projects.
A VATRE is an election required by the state that asks voters to consider approving a modified tax rate to increase revenue for student programs as well as teacher and staff salaries.
District | Approved 2024 Tax Rate |
---|---|
Prosper | 1.2552 |
Celina | 1.2358* |
Little Elm | 1.2252 |
Allen | 1.1258 |
McKinney | 1.1252 |
Lewisville | 1.1178 |
Frisco | 1.0569* |
Plano | 1.0425 |
Coppell | 1.0343* |
*pending voter approval