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Bond Update

Frisco ISD’s voter-approved 2018 bond program is expected to be fully expended in 2027, District officials confirm.

Since voters overwhelmingly supported the $691 million 2018 bond program, Frisco ISD has been investing in new schools, facility renovations, technology upgrades, transportation improvements and campus safety enhancements across the District. The approved funding was originally meant to last until the next bond program — which in 2024, Frisco ISD voters did not approve.

The 2018 bond program was originally intended to support growth and infrastructure needs through the 2025-26 school year. Due to the failure of the proposed 2024 bond program, the Board of Trustees and district leadership reprioritized existing funds to stretch the 2018 bond dollars further.

That strategic reallocation extended critical preventative maintenance and other capital needs through 2027.

2018 bond funding updates

Frisco ISD has a webpage for 2018 bond updates, including planned vs. actual costs, project completion dates and ongoing work.

The District has directed the remaining funds toward high-priority capital and maintenance needs that will support safe, modern and effective learning environments through spring 2027. Areas of investment and costs include, as of January 2026*:

  • $21.8 million - Complete ongoing 2018 bond projects (through summer 2026)

  • $15.2 million - Preventative maintenance, repair and replacement cycles for buildings (through summer 2027)

  • $20 million - Reserve funds for Staley Middle School. The reserve will be revisited in the fall after a task force is assembled to decide the future of the building.

  • $20.7 million - Maintain regular equipment replacement cycles for Fine Arts & Athletics programs

  • $20.2 million - Maintain regular technology replacement cycles

  • $6.4 million - Security Surveillance Updates

  • $2.5 million - Replace outdated buses, bus wash and fuel pumps

  • $4.3 million - Paving and landscape repairs

*Funds from Elementary No. 45 and the new transportation facility approved in the 2018 bond were transferred to these projects.

Capital planning

As the final 2018 bond funds are allocated through spring 2027, Frisco ISD continues to plan for the future through careful financial stewardship and community engagement. The District’s capital plan looks to responsibly position remaining resources, including local capital balances and projected revenues, to support essential infrastructure needs beyond 2027.

Superintendent and Board leaders emphasize that this careful planning honors the trust voters placed in the 2018 bond while preparing Frisco ISD for its next phase of facilities and technology investment.

The District has also refinanced existing debt in another effort to be good stewards of taxpayer dollars while maintaining strong financial health. Over $400 million in existing debt has been refinanced this school year, saving tens of millions of dollars in interest costs over the life of the bonds.

“We remain committed to delivering high-quality learning environments for students,” said Kimberly Smith, chief finance and strategy officer. “By maximizing the impact of the 2018 bond funds and planning strategically for future needs, we are ensuring that our campuses remain safe and ready for learning for years to come.”

What’s next

District officials will give updates on the sustainability plan during ongoing 2026-27 budget planning.

A capital projects update, including what the remaining bond funding cannot pay for, is expected in May.

Find and follow the Board calendar.