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: $0.7575 per $100 of taxable value

  • I&S Tax Rate: $0.27 per $100 of taxable value

  • Total Combined Tax Rate: $1.0275 per $100 of taxable value

  • Tax Rate Information

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 6/30/23)

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 $659,000,000 $32,000,000 $691,000,000

Total tax-supported debt outstanding at June 30, 2023: $2,336,734,996

Frisco ISD has no upcoming bond elections.

All bonds authorized to date have been for the purpose of constructing, renovating, and equipping school facilities. See Bond History for details.

Local Annual Report as of June 30, 2023 (PDF)

Annual Debt Service
(As of 6/30/23)

Calendar Year Ending Principal Interest Annual Debt Service
2023 $43,361,448 $45,323,658.55 $88,685,107
2024 $75,992,844.10 $96,141,528.35 $172,134,372
2025 $77,932,677.75 $94,198,610.25 $172,131,288
2026 $84,509,730.30 $87,621,508.50  $172,131,239
2027 $88,271,872.70 $83,861,475.55 $172,133,348
2028 $90,275,218.55 $81,856,870.82 $172,132,089
2029 $90,377,325.85 $81,755,000.69 $172,132,327
2030 $105,105,115.10 $67,029,918.09 $172,135,033
2031 $101,057,801.00 $71,075,111.79 $172,132,913
2032 $105,468,770.00 $66,663,312.84 $172,132,083
2033 $95,259,731.20 $76,871,312.90 $172,131,044
2034 $98,642,692.00 $73,489,613.70 $172,132,306
2035 $125,965,000.00 $46,169,273.01 $172,134,273
2036 $123,305,000.00 $48,826,202.38 $172,131,202
2037 $133,035,000.00 $39,099,115.06 $172,134,115
2038 $108,420,000.00 $30,342,871.13 $138,762,871
2039 $112,070,000.00 $26,691,870.88 $138,761,871
2040 $116,135,000.00 $22,628,703.21 $138,763,703
2041 $120,115,000.00 $18,646,791.36 $138,761,791
2042 $82,890,000.00 $15,157,363.76 $98,047,364
2043 $67,115,000.00 $11,994,448.76 $79,109,449
2044 $56,875,000.00 $9,417,128.76 $66,292,129
2045 $43,575,000.00 $7,174,944.38 $50,749,944
2046 $35,930,000.00 $5,475,718.13 $41,405,718
2047 $26,800,000.00 $4,089,940.63 $30,889,941
2048 $26,125,000.00 $3,117,200.01 $29,242,200
2049 $24,365,000.00 $2,173,943.76 $26,538,944
2050 $17,895,000.00 $1,290,018.76 $19,185,019
2051 $15,565,000.00 $711,393.76 $16,276,394
2052 $9,075,000.00 $268,303.13 $9,343,303
2053 $2,305,000.00
$48,981.25
$2,353,981
Total $2,303,815,227 $1,219,212,134 $3,523,027,361

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Tax-Supported Debt Per Capita

Inflation Adjusted in 2023 Dollars

Fiscal Year Outstanding Debt* Population* Tax-Supported Debt per Capita Inflation Adjusted Tax-Supported Debt per Capita
2014 $1,679,166,027 194,463 $8,634.89 $11,053.74
2015 $1,911,006,819 204,520 $9,343.86 $11,946.53
2016 $2,066,361,628 218,374 $9,462.49 $11,978.74
2017 $2,147,871,338 229,282 $9,367.81 $11,668.28
2018 $2,137,073,341 256,078 $8,345.40 $10,104.63
2019 $2,236,379,579 266,872 $8,379.97 $9,981.94
2020 $2,252,532,141 281,146 $8,011.97 $9,482.36
2021 $2,479,321,275 276,743 $8,958.93 $10,060.69
2022 $2,586,376,409 291,654 $8,867.96 $9,131.27
2023 $2,584,515,877
302,288
$8,549.85
$8,549.85

* Outstanding Debt includes tax-supported debt, leases payable, and subscription-based information technology arrangements.

Source: 2023 Annual Comprehensive Financial Report

Note: The inflation adjustment above uses the Consumer Price Index (CPI) published by the Bureau of Labor Statistics (BLS).

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Tax-Supported Debt by Fiscal Year