Frisco | September 2023

SHE’S MAKING LASTING FRIENDSHIPS

now enrolling! frisco (east) • frisco (west) GoddardSchool.com now enrolling! frisco (east) • frisco (west) GoddardSchool.com The Goddard Schools are operated by independent franchisees under a license agreement with Goddard Franchisor, LLC. Programs and ages may vary. Goddard Systems, LLC is Cognia accredited. License Frisco (West). © Goddard Franchisor, LLC 2023 now enrolling! frisco (east) • frisco (west) GoddardSchool.com 3336 Main St 214-872-3600 4915 Coit Rd 945-348-8705

BY HANNAH JOHNSON

Some Frisco ISD residents could see nearly $900 taken off their tax bills with the district’s new tax rate. FISD board of trustees lowered the district’s tax rate for the 2023-24 fiscal year in a unanimous vote. The new tax rate is $1.0275 per $100 valuation, which is $0.18 lower than last year. The overview The new tax rate is broken down into two pieces. Maintenance and operations, covers the district’s operations such as payroll. That rate is $0.7575 per $100 valuation. The second piece is interest and sinking, which pays for the district’s principal and interest on its debts. That rate is $0.27 per $100 valuation. A closer look The district received its certified Frisco ISD officials approve lower tax rate

Past rates Each fiscal year, school districts are required to pass a new tax rate.

FY 2023-24 $1.0275 $1.2129 FY 2022-23 $1.2672 FY 2021-22 $1.3102 FY 2020-21

The Goddard Schools are operated by independent franchisees under a license agreement with Goddard Franchisor, LLC. Programs an Goddard Systems, LLC is Cognia accredited. License Frisco (West). © Goddard Franchisor, LLC 2023

The Goddard Schools are operated by independent franchisees under a license agree- ment with Goddard Franchisor, LLC. Programs and ages may vary. Goddard Systems, LLC is Cognia accredited. License Frisco (West). © Goddard Franchisor, LLC 2023

SOURCE: FRISCO ISD/COMMUNITY IMPACT

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property values July 25. When accounting for home- stead exemptions, the district’s certified total is about $62.77 billion, according to information provided by the district. Kimberly Smith, chief finance and strategy officer, estimates the value will decrease by about $3 billion if a homestead exemption increase is signed into law. “The Legislature has passed property tax relief again to bring the average taxpayer back down,” Smith said.

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FISD claims exemption for new law

in compliance with the law. House Bill 3 mandates all schools within a district must have an armed security officer present during regular school hours starting Sept. 1. “There’s a severe lack of qualified personnel. We don’t want to haphazardly run out and hire anyone to carry guns in our elementary schools with our children.” JAMES HILL, FISD EXECUTIVE DIRECTOR OF OPERATIONS

Frisco ISD officials have claimed an exemption to newly passed state legislation regarding security officers due to a lack of available qualified officers. FISD board of trustees approved a good cause exception to the law Aug. 14 in a 6-1 vote. Trustee Stephanie Elad voted against the resolution. Under the new law, FISD would need an additional 44 security officers to comply with House Bill 3, Executive Director of Opera- tions James Hill said. If the school board did not claim an exception, Hill said the district would not be

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