Frisco ISD board asks to reduce proposed bond by $4M

Frisco ISD is considering a bond proposition and a tax ratification election.

Frisco ISD is considering a bond proposition and a tax ratification election.

On Monday, the Frisco ISD board of trustees asked district staff to reduce the current bond proposal by $4 million before it formally vote to call a bond election Aug. 20.

To reduce the $695 million proposed bond, the board plans to add turf to baseball and softball fields at three high schools instead of five as suggested in the original bond proposal. This would bring the proposed bond to $691 million.

Chief Financial Officer Kimberly Pickens said if any of the proposed bond projects cost less than what was planned, that savings could go toward other projects, such as turf for fields.

Board Member Steve Noskin also suggested reducing the proposed amount for a fine arts auditorium. The bond proposal earmarks $43 million for an auditorium, but that cost could be reduced if the district were to find a partner to split the cost. Several board members expressed hesitancy with reducing the amount for the auditorium out of concern of being able to find the right partner.

The board is expected to call for a bond election and a tax ratification election Aug. 20. The tax election would propose increasing the district's maintenance and operations tax rate by 13 cents. In turn, the board is expected to adopt a tax rate that reduces the interest and sinking tax rate by 15 cents. This would reduce the combined tax rate by 2 cents for a total of $1.44 per $100 valuation.


empty Sweet Tees store
Sweet Tees clothing store relocates inside Frisco's Stonebriar Centre

The mall's home for Simply Southern apparel has moved near Barnes & Noble.

Gov. Greg Abbott announced the date for a second special legislative session. (Jack Flagler/Community Impact Newspaper)
Gov. Abbott announces second special session agenda

The special session will be Aug. 7 with 17 items on the agenda ranging from bail reform to employment.

Plans for the Ritchey Gin building on First Street now call for a 12,000- to 15,000-square-foot brewery. (Courtesy Nack Development and Cross Architects)
Brewery, restaurant planned for Ritchey Gin building at The Rail District in Frisco

A tenant for the brewery is expected to be selected by the end of 2021. 

The Sample House will close Aug. 21 at 3231 Preston Road, Ste. 6, Frisco. (Courtesy Adobe Stock)
The Sample House to close Frisco store in August

The brand has other locations in Dallas, Allen, Plano and Southlake.

Taco Ocho is now open in McKinney. (Courtesy Taco Ocho)
Taco Ocho opens in McKinney; Hoff's Steaks & Steins coming to Frisco and more DFW-area news

Read the latest business and community news from the Dallas-Fort Worth area, including Tornado Terry's celebrating 30 years of games in Fort Worth.

Q&A: Greg Smith, executive director of Fast Growth School Coalition

Greg Smith is the former superintendent of Clear Creek ISD and became executive director of Fast Growth School Coalition in December 2020. 

boy on laptop
Frisco ISD will offer temporary virtual learning for students through grade six

Online classes will be available for the first nine weeks of the school year for lower grade levels.

On the Spot Jewelry & Watch Repair will reopen Aug. 9 at a new location, 3231 Preston Road, Ste. 10, Frisco. (Matt Payne/Community Impact Newspaper)
On the Spot Jewelry & Watch Repair in Frisco to reopen in new location

All work is completed in-house, and the team works with gold, platinum, palladium and sterling silver.

Hoff's Steaks & Steins soft-opened in July at 5454 Main St., Ste. 123, Frisco. (Courtesy Hoff's Steaks & Steins)
Grand opening of Hoff's Steaks & Steins in Frisco is Aug. 13

Already soft-opened, the steakhouse serves artisan steaks, ribs and beef that are sourced from local farms.

Texas Republic Bank is celebrating 130 years in business at 2595 Preston Road, Ste. 100, Frisco. (Courtesy Unsplash)
Texas Republic Bank in Frisco celebrates 130 years with expansion into Celina

Shareholder Ron Corcoran was promoted to serve as president for the Celina location.

Stumpy's Hatchet House offers ax throwing for groups of any size. (Courtesy Stumpy's Hatchet House)
Ax-throwing venue comes to Frisco; Plano ISD to offer back-to-school fair and more DFW-area news

Read the latest business and community news from the Dallas-Fort Worth area, including an Aug. 3 event Plano ISD is hosting to give away backpacks.