Homeowners in the Frisco ISD taxing district will see a decrease in their 2019 property tax of more than 10 cents less than last year’s tax rate as a result of reshuffling funds and more education funding from the state. 

“Why wouldn’t I feel good about the tax, I’m saving a lot of money,” homeowner and Redhawk parent Asif Siraj said via text. “Students’ education has never been compromised by a lack of funding; Frisco spends lots of money [for the students].”

Although the average taxable value of a home in the district increased from $397,785 to $404,499, the average homeowners in the district will save $315.

The rate of $1.3383 per $100 valuation is the lowest it’s been in over 20 years.

“Thankfully last year the TRE did pass which allowed us to put money back into programs which really helped the district,” English teacher Elizabeth Evans said. “Also a few months ago the state passed HB 3 that improved funding. I can appreciate that because I know as a taxpayer in Frisco at that time, my tax rate went up a lot as well.”

The tax decrease comes as the state is allocating more funds to the district, brought by education finance reform in HB 3. With more funds from the state, the district will be able to work towards new priorities such as teacher raises and lower class sizes.

“A real benefit of class sizes being smaller, is it reduces how much grading a teacher needs to do, and what’s great about that is that it enables teachers to give more immediate feedback, make better decisions, and commit themselves to systems like standards based grading which are more student centered and allows students to learn,” history teacher Sarah Wiseman said. “Those systems are really hard if you have a lot of students.”