Debt Overview
The following information is provided to allow Frisco ISD tax payers an easy to understand source for the district's debt obligations.
Tax Rates
-
M&O Tax Rate: $0.9972 per $100 of taxable value
-
I&S Tax Rate: $0.27 per $100 of taxable value
-
Total Combined Tax Rate: $1.2672 per $100 of taxable value
Current Credit Ratings
| Agency |
Program Rating |
School Issuers Credit |
| Standard and Poor's |
AAA |
AA+ |
| Moody's |
Aaa |
Aa1 |
Authorized General Obligation Bonds
(As of 6/30/22)
| Authorization |
Issued |
Unissued |
Total Authorization Amount |
| 1995 |
$48,000,000 |
$0 |
$48,000,000 |
| 1998 |
$118,000,000 |
$0 |
$118,000,000 |
| 2000 |
$298,000,000 |
$0 |
$298,000,000 |
| 2003 |
$478,000,000 |
$0 |
$478,000,000 |
| 2006 |
$798,000,000 |
$0 |
$798,000,000 |
| 2014 |
$749,000,000 |
$26,000,000 |
$775,000,000 |
| 2018 |
$565,250,000 |
$125,750,000 |
$691,000,000
|
Total tax-supported debt outstanding at June 30, 2022: $2,347,704,523
All bonds authorized to date have been for the purpose of constructing, renovating and equipping school facilities. See Bond History for detail.
Frisco ISD General Obligation Debt - June 30, 2022 (PDF)
DEBT OBLIGATION
(Principal and Interest as of 6/30/22)
Tax-Supported Debt Per Capita
Inflation Adjusted in 2021 Dollars
Note: The inflation adjustment above uses the Consumer Price Index (CPI) published by the Bureau of Labor Statistics (BLS).