Denton ISD officials project a roughly $325,000 surplus for fiscal year 2026-27 following board approval of next fiscal year’s general fund at a June 9 board meeting.
Zooming in
The budget projects the district collecting nearly $380.34 million in revenue and spending more than $380.01 million in expenditures with a property tax rate of $1.1922 per $100 of valuation.
The district’s tax rate is split between the maintenance and operations rate and the interest and sinking rate. The maintenance and operations rate provides funds for the district’s operations, like staff salaries. The interest and sinking rate raises funds pay off bond debt, according to the Texas Education Agency.
