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 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 studentStudents, implied
2023-24$176.3M$13,923about 67,760
2024-25$179.3M$14,424about 66,820
2025-26$198.4M$15,414about 64,120
2026-27$201.2M$15,789about 62,110
Changeup 14%up 13%down 8%

Source: Frisco ISD adopted budgets, All Funds summary, 2023-24 through 2026-27. Student counts are total budget divided by the District's published cost per student.

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.

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.

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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.