Friendswood ISD is projecting a surplus of nearly $3.3 million for its fiscal year 2026-27 budget, following a budget update reviewed by the board of trustees at its March 23 workshop.
The overview
Compared to FY 2025-26, budget projections show that revenues would increase by over $3.3 million and spending by nearly $19,000, according to district documents.
While salary expenditures for FY 2026-27 are not expected to increase or decrease from the previous year, the board discussed the possibility of allocating funds toward staff stipends.
These stipends would serve as a tool for recruitment and retention, particularly in areas such as athletics, University Interscholastic League, special education and instructional coaches, district officials said.
Cost to the taxpayers
The district is also anticipating a tax rate decrease of $0.03 per $100 of home valuation, with the new rate projected to be $1.00, according to district documents.
While the tax rate is projected to decrease for FY 2026-27, it could potentially increase by $0.0349 per $100 valuation if voters approve a $81.5 million bond in May.
For a home valued at $500,000, this increase would translate to approximately $125.64 annually, or $10.47 monthly, assuming a $140,000 homestead exemption.
Stay tuned
The board of trustees is expected to further discuss stipend allocations at its April 14 meeting.
