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A Tale of Two Counties

Facing Possible Property


Tax Increases
For the past three years, Frisco ISD's property tax rates have
remained stable, but this May the school district passed a $775
million bond to add 14 new schools to accommodate the inflow of
students, according to the Frisco ISD website.

Frisco ISD's tax rates for the past 5 years


Due to the passage of the school district's bond, tax payers could
be seeing an increase in the I&S portion of the total property tax
rate in 2015. A graph below shows the school district's tax rates for
the last five years, according to Frisco ISD's tax rate history.

1.4

0.42

0.42
1.04

0.42
1.00

1.04

0.39
1.00

0.42

0.39

1.1

1.00

Tax rates in $ per $100 Appraised Value

1.2

1.04

1.3

1
0.9
0.8
0.7
0.6
0.5
0.4
0.3
0.2
0.1
0

2009

2010

2011

M&O

2012

2013

2014

I&S

Average appraised home values in Denton


and Collin for the past 5 years
In 2013, homes in Collin and Denton Counties were appraised
approximately $12,000 higher than in 2012. This year, homes in
both counties have have been appraised almost $25,000 higher
than in 2013. This increase in appraisal values has allowed
property tax rates to remain stable for the past three years,
according to Richard Wilkinson, Frisco ISD's deputy business
superintendent.

2009

Denton County
Collin County

$320375

2010

Denton County
Collin County

$311542

2011

Denton County
Collin County

$315197

2012

Denton County
Collin County

$317188

2013

Denton County
Collin County

$330887

2014

Denton County
Collin County

$356342

$263777

$262518

$263826

$265674

$277113

$303315
0

50000

100000

150000

200000

250000

300000

350000

Average Appraisal Values

Frisco ISD's current tax rate compared to


neighboring cities' school district tax rates
Frisco ISD has the second lowest school district property tax rate
in the area and is only one cent higher than Plano ISD's school
district property tax rate. The property tax rates, displayed in the
graph below, were collected from each school district's website.

Frisco ISD $1.46


Prosper ISD $1.67
Plano ISD $1.45
Allen ISD $1.64
Lewisville ISD $1.48

0.2

0.4

0.6

0.8

1.2

1.4

1.6

School District Property Tax Rates Per $100 Appraised Value

What should I expect my


bill to look like when
Frisco ISD's property tax
rates increase?

$7,812

Current approximate property tax


bill for Denton County
homeowner in 2014, according
to certified totals reports.

$6,793

Current approximate property tax


bill for a Collin County
homeowner in 2014, according
to certified totals reports.

$0.03

If the school district increases


the I&S portion of the tax rate
$0.03 cents from the current
$1.46, homeowners will be
paying a tax rate of $1.49.

$7,919

The average Denton homeowner


will be paying approximately
$107 more due to the increase in
school district property tax rates.

$6,884

The average Collin homeowner


will be paying approximately
$91 more due to the increase in
school district property tax rates.
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