Frisco ISD Trustees placed a five-year bond proposal and an increase to the tax rate that funds the district’s maintenance and operations on the November 5, 2024, ballot.
Trustees heard from members of the Bond Exploration Committee, District officials and an outside financial adviser about the committee’s recommendations. The bond committee met 11 times over 10 months, touring Frisco ISD campuses and diving into demographics, facility maintenance and teaching and learning. The group — which included 34 parents and community members, 18 staff and nine students — learned about the District’s long-term facility plan, heard about possible projects and ultimately developed a recommended bond program with projects that will impact every campus in FISD.
The committee faced a much different task than in years past. As FISD’s growth has slowed, the priority has shifted from building new schools to maintaining the district’s existing facilities. A key piece of the proposed bond is refreshing aging schools. The recommended bond includes a refresh for 20 Frisco ISD campuses that will be at or near 25 years old by 2035.
The committee recommended that Frisco ISD renovate campuses every 25 years to align with the life-cycle replacement of major mechanical, electrical and plumbing systems while also modernizing the spaces for students and staff.
A VATRE is an election required by the state that asks voters to consider approving a modified tax rate to increase revenue for student programs as well as teacher and staff salaries.
In 2018, Frisco ISD voters approved an increase in the tax rate, but the state has compressed the tax rate by more than the increase. This proposal simply asks voters to add back a portion of what was previously approved.