The Frisco ISD Board of Trustees adopted a 2026 tax rate of $1.0194 per $100 of valuation, unchanged from 2025, the district said in a Sept. 4 announcement.
Frisco ISD said the flat rate reflects financial stewardship while maintaining resources for students. The overall rate combines maintenance and operations (M&O) and interest and sinking (I&S) components. A flat rate can still produce a lower or higher tax bill depending on certified property values, the district said.
What an average homeowner may pay
The district reported that the average home value rose from $551,246 in 2025 to $565,084 in 2026. At the unchanged rate, that homeowner's Frisco ISD tax bill would increase about $141, according to the district.
Frisco ISD stressed that it does not set property appraisals; county appraisal districts do. When values rise and local taxes increase, the state reduces its contribution under the school funding formula, the district said, so a higher tax bill does not automatically mean more funding per student.
How the rate breaks down
Frisco ISD said districts are funded per student based on average daily attendance under state finance law that limits how much revenue districts can generate locally.
M&O components listed by the district for 2026:
- Tier I maximum compressed rate set by the Texas Education Agency: $0.6110
- Golden Pennies: $0.08
- Copper Pennies: $0.0584
M&O taxes fund day-to-day operations. Personnel costs represent about 80% of that budget, with the rest covering utilities, supplies and general facility maintenance, Frisco ISD said. M&O does not pay for capital projects such as campus updates, fixture replacement, furniture, technology or long-term construction.
The I&S rate has remained $0.27 since 2018 and pays principal and interest on voter-approved bonds. Bonds are issued as projects are needed rather than all at once, the district said. I&S funds capital work outlined in approved bond packages and does not cover staff salaries or daily maintenance.
Recent fiscal moves
Since 2017, Frisco ISD said its tax rate has been reduced by 44.06 cents through district cuts and state-mandated compression, while the I&S rate stayed at $0.27. The district also cited $152.2 million in future interest savings from debt refinancing in 2025-26 and a series of public board budget workshops in the six months before budget adoption.
The Sept. 4 Frisco ISD release is the district's account of the adopted rate, M&O and I&S split, average-home illustration and refinancing figure. Residents seeking the full rate worksheet can start with that district announcement.
Sources
https://www.friscoisd.org/article/3114189
