Debt Overview

The following information is provided to allow Frisco ISD tax payers an easy to understand source for the district's debt obligations.

Tax Rates

  • M&O Tax Rate: $.7552 per $100 of taxable value

  • I&S Tax Rate: $0.27 per $100 of taxable value

  • Total Combined Tax Rate: $1.0252 per $100 of taxable value

  • Tax Rate Information

Current Credit Ratings

Agency Program Rating School Issuers Credit
Standard and Poor's AAA AA+
Moody's Aaa Aa1

Authorized General Obligation Bonds
(As of 6/30/24)

Authorization Issued Unissued Total Authorization Amount
1995 $48,000,000 $0 $48,000,000
1998 $118,000,000 $0 $118,000,000
2000 $298,000,000 $0 $298,000,000
2003 $478,000,000 $0 $478,000,000
2006 $798,000,000 $0 $798,000,000
2014 $775,000,000 $0 $775,000,000
2018 $659,000,000 $32,000,000 $691,000,000

Total tax-supported debt outstanding at June 30, 2024: $2,266,060,253

Frisco ISD has no upcoming bond elections.

All bonds authorized to date have been for the purpose of constructing, renovating, and equipping school facilities. See Bond History for details.

Local Annual Report as of June 30, 2024 (PDF)

Annual Debt Service
(As of 6/30/24)

Calendar Year Ending Principal Interest Annual Debt Service
2024 $43,477,844 $50,354,508 $93,832,352
2025 $77,652,678 $97,096,305 $174,748,983
2026 $84,404,730 $89,342,384 $173,747,114
2027 $87,801,873 $85,444,626 $173,246,498
2028 $89,875,219 $83,373,971 $173,249,189
2029 $89,952,326 $83,295,201 $173,247,527
2030 $104,350,115 $68,395,818 $172,745,933
2031 $100,392,801 $72,352,562 $172,745,363
2032 $104,878,770 $67,871,038 $172,749,808
2033 $94,744,731 $78,001,738 $172,746,469
2034 $98,212,692 $74,534,489 $172,747,181
2035 $125,630,000 $47,119,648 $172,749,648
2036 $123,065,000 $49,680,177 $172,745,177
2037 $132,905,000 $39,842,715 $172,747,715
2038 $109,025,000 $30,949,996 $139,974,996
2039 $112,650,000 $27,324,546 $139,974,546
2040 $116,800,000 $23,176,828 $139,976,828
2041 $120,870,000 $19,103,916 $139,973,916
2042 $83,270,000 $15,531,639 $98,801,639
2043 $67,575,000 $12,294,324 $79,869,324
2044 $57,380,000 $9,665,929 $67,045,929
2045 $44,315,000 $7,516,944 $51,831,944
2046 $36,700,000 $5,787,518 $42,487,518
2047 $27,600,000 $4,370,341 $31,970,341
2048 $26,960,000 $3,364,900 $30,324,900
2049 $25,235,000 $2,387,544 $27,622,544
2050 $18,800,000 $1,468,119 $20,268,119
2051 $16,505,000 $852,594 $17,357,594
2052 $10,055,000 $371,103 $10,426,103
2053 $3,325,000 $111,781 $3,436,781
2054 $1,060,000 $21,200 $1,081,200
Total $2,235,468,779 $1,151,004,400 $3,386,473,179

Download Data

Tax-Supported Debt Per Capita

Inflation Adjusted in 2024 Dollars

Fiscal Year Outstanding Debt* Population* Tax-Supported Debt per Capita Inflation Adjusted Tax-Supported Debt per Capita
2015 $1,911,006,819 204,520 $9,343.86 $12,301.51
2016 $2,066,361,628 218,374 $9,462.49 $12,334.67
2017 $2,147,871,338 229,282 $9,367.81 $12,014.99
2018 $2,137,073,341 256,078 $8,345.40 $10,404.88
2019 $2,236,379,579 266,872 $8,379.97 $10,278.58
2020 $2,252,532,141 281,146 $8,011.97 $9,764.12
2021 $2,479,321,275 276,743 $8,958.93 $10,359.64
2022 $2,586,376,409 291,654 $8,867.96 $9,402.59
2023 $2,580,805,574
 302,288
 $8,537.57
 $8,778.62
2024 $2,511,107,374
 298,563
 $8,410.64
 $8,410.64

* Outstanding Debt includes tax-supported debt, leases payable, and subscription-based information technology arrangements.

Source: 2024 Annual Comprehensive Financial Report

Note: The inflation adjustment above uses the Consumer Price Index (CPI) published by the Bureau of Labor Statistics (BLS).

Download Data

Tax-Supported Debt by Fiscal Year