Frisco ISD Bond Facts

Frisco ISD's old bonds start paying off in 2034. A new bond can keep your tax rate from ever coming down.

Every number on this site comes from the District's own budgets and bond filings. Read them, check them, and ask the District to show its math before the 2027 bond vote.

Annual debt service in millions of dollars. Source: Frisco ISD Series 2026 Official Statement, Appendix A.

The numbers Frisco ISD should explain before asking for a bond

Every figure below comes from the Texas Education Agency's own public data for Frisco and 15 comparison districts.

2 → 10

Deputy and assistant superintendents

Frisco had 2 in 2015-16 and has 10 today, while enrollment grew 18%. Plano has 5, Allen 4, Prosper 2.

+35%

Central administration spending per student, after inflation

2015-16 to 2023-24. That is about twice the rate of comparable districts (+17%).

+287

More non-teaching staff, with 3,100 fewer students

Since 2021-22, enrollment fell and teaching positions fell with it (down 193), but non-teaching staff grew 8.7%.

$370,466

Superintendent base pay, highest in the region

Plano $355,135, Prosper $350,000, Lewisville $344,748, Allen $340,561, McKinney $305,000 (2025-26).

27¢

Debt rate, frozen since 2018

Old bonds start paying off after 2033. A new bond can keep the rate from ever coming down.

$10.7M

Sent to other districts in 2023-24

Up from $0.2M in 2015-16. These payments between districts typically include state recapture.

Sources: TEA PEIMS Staff Salaries and FTE Counts, 2015-16 to 2025-26; TEA PEIMS Actual Financial Data, FY2016 to FY2024 (function 41, general administration; function 91, payments between districts), adjusted to 2025-26 dollars using CPI-U; TEA PEIMS fall enrollment. Comparison districts: Plano, Allen, McKinney, Prosper, Lewisville, Conroe, Aldine, North East, Austin, Fort Worth, Arlington, Fort Bend, Garland, Klein, El Paso.

The debt

Your Frisco ISD tax bill has two parts. The Maintenance and Operations rate runs the schools. The Interest and Sinking rate pays only for bonds. As old bonds are paid off, the Interest and Sinking rate could fall.

The District has structured its existing payments to stay flat at about $195 million a year through 2033. After that, the payments drop. A new bond can be timed to fill that space. That is how a "no tax rate increase" bond works: your rate does not go up, but it may never go down either.

$1.95Bbond debt outstanding
$195Mpaid each year through 2033
$41Mscheduled payment in 2042
$32Mleft unissued from the 2018 bond

Source: Series 2026 Official Statement, Appendix A, Debt Service Requirements and Authorized But Unissued Bonds.

Fewer students, more debt

The District's operating budget has been held nearly flat, but bond payments keep climbing while the number of students shrinks. Each remaining student now carries more debt.

School yearDebt serviceCost per student
2023-24$176.3M$13,923
2024-25$179.3M$14,424
2025-26$198.4M$15,414
2026-27$201.2M$15,789
Changeup 14%up 13%
65,825students, fall 2021
62,713students, 2026
down 4.7%enrollment change

Sources: Frisco ISD adopted budgets, All Funds summary, 2023-24 through 2026-27. Enrollment: NCES Digest of Education Statistics, Table 215.30 (fall 2021), and state enrollment data via the Texas Tribune Schools Explorer (2026).

Repairs belong in the budget

Routine upkeep should come from the operating budget, not decades of debt. Frisco ISD cut its maintenance budget for 2026-27 and sets aside almost nothing for capital repairs from operations. That leaves bonds as the default for roofs, air conditioning, and building systems.

down 5.8%maintenance and operations spending, 2026-27
$370Kcapital outlay in a $752M operating budget
$0budgeted General Fund surplus, 2026-27

Source: Frisco ISD 2026-27 adopted budget, General Fund summary.

How Frisco compares

Frisco ISD has held its debt rate at exactly 27 cents per $100 since 2018. Districts its size show that rate can come down. Fort Worth ISD cut its debt rate from 27.55 cents to 24.22 cents for 2025-26.

DistrictStudents (fall 2021)2025-26 total rateDebt (I&S) rate
Frisco ISD65,825$1.0194$0.2700
Conroe ISD67,761$0.9496$0.2800
Aldine ISD61,633$1.0340$0.3025
North East ISD59,830$0.9822$0.3000
Fort Worth ISD74,850$1.0291$0.2422
Klein ISD53,294$1.0119not listed
Fort Bend ISD77,545$1.0569not listed

A flat rate is not a flat bill. Frisco ISD reports the average home value rose from $551,246 to $565,084 for 2026, so the unchanged rate raised that homeowner's school tax bill by $141.

Sources: NCES Table 215.30 (enrollment); adopted 2025-26 tax rates published by each district or Community Impact; Fort Worth ISD adopted tax rate history; Frisco ISD 2026 tax rate announcement. Fort Bend's rate includes a temporary 7 cent disaster increase.

Who is writing the bond

The 2027 Bond Committee has 100 members. Only 25 seats were open to residents who applied, and 99 people applied for them. The Board and District leadership chose 80 of the 100 members, including 20 District employees.

Chosen bySeats
Board of Trustees, 5 each35
District leadership, from resident applications25
District leadership, District staff20
High school students, approved by principals12
PTA council, Frisco Education Foundation, Frisco Chamber8

Source: Frisco ISD Deputy Superintendent of Business and Operations, written response to a resident inquiry, October 6, 2026.

One question for the District

Before anyone votes, Frisco ISD should publish the projected Interest and Sinking tax rate, year by year, two ways:

  1. Without the 2027 bond
  2. With the 2027 bond

If the first line falls after 2034 and the second stays flat, the bond costs taxpayers real money compared to letting old debt pay off. Voters deserve to see both lines side by side.

Get involved

This effort started with one Frisco resident reading the District's own documents. If these numbers concern you, get updates, share this page, and bring your questions to Board meetings during public comment.

Get email updates Frisco ISD Board meetings

Sources

Check every figure yourself.

  1. Frisco Independent School District, Unlimited Tax Refunding Bonds, Series 2026, Official Statement dated April 15, 2026, Appendix A. Available free on the MSRB's EMMA system, emma.msrb.org.
  2. Frisco ISD Adopted Budget, raw format files, fiscal years 2023-24, 2024-25, 2025-26, and 2026-27, All Funds and General Fund summaries.
  3. Frisco ISD written response on 2027 Bond Committee appointments, October 6, 2026.
  4. National Center for Education Statistics, Digest of Education Statistics 2022, Table 215.30, enrollment of the 120 largest school districts, fall 2021.
  5. Texas Education Agency, PEIMS Standard Reports: Staff Salaries and FTE Counts and Student Enrollment, 2015-16 to 2025-26; PEIMS Actual Financial Data, FY2016 to FY2024.
  6. Adopted 2025-26 tax rates for Frisco, Conroe, Aldine, North East, Fort Worth, Klein, and Fort Bend ISDs, as published by each district or by Community Impact.