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Frisco ISD board members approved a balanced budget and a 2% raise for all staff.
The board approved the 2026-27 budget and compensation plan during a special meeting June 15 with a 6-0 vote. Board member Stephanie Elad was not present. This is the second consecutive year the budget has been balanced as enrollment declines continue at the district.
With the new budget, the tax rate remains at $1.0194 per $100 valuation.
District officials discussed the budget in May ahead of the June approval.
Zooming in
FISD approved about $752 million in operating revenue for fiscal year 2026-27, down from roughly $771.7 million in the current fiscal year, according to district projections. The adopted 2026-27 budget includes:
Cost-saving measures to get to a balanced budget include evaluating open positions in the central office, standardizing class loads to adjust for declining enrollment, reviewing department budgets and implementing new revenue streams before cutting programs, according to district officials.
Some new programs the district has implemented include Access Frisco, which allows kindergarten through seventh grade students to transfer to FISD from other school districts.
Kimberly Smith, FISD’s chief finance and strategy officer, said in May that the program has enrolled 870 students, generating about $8.4 million in revenue.
Student enrollment has been declining at FISD since the peak in 2022-23, according to a district news release.
To bring in additional revenue, the district has implemented a tuition-based pre-K program, fare-based busing and student Chromebook fees.
The pre-K program has brought in an additional 600 students for the 2026-27 school year, according to preliminary enrollment data.
What it means
Though the tax rate is steady at $1.0194 per $100 valuation, residents may see an increase in their bills as home valuations increase.
For example, last year the median-valued homestead was $478,764. For the 2026-27 budget, that value increased to $489,671. With the new valuations, a homeowner in the median value could expect an estimated $4,991.7 property tax bill, according to the district. Home valuations are determined by the county appraisal district and not the school district.
