Outlook healthy for FISD budget
By DEVIN MONK, February 20
If projections and proposals go according to plan later this year, Frisco ISD will pass its financial checkup for the coming fiscal year and further explore ways to help its employees maintain their wellness through an on-site health-care clinic.
Frisco ISD officials learned at Monday night’s regular board meeting that the district will likely have a robust budget in store.
Conservative estimates of a $15.65 billion tax base for the 2009-10 fiscal year would bring in a projected revenue of $266.76 million. If Collin and Denton county appraisal districts value property at a higher mark this June, then projections would approach $277.16 million in revenue.
FISD Director of Finance Rick Bankston said that appraisal districts were holding off on releasing their preliminary projections because of the impact home foreclosures could have on property values, but continued commercial development within the district’s boundaries would counterbalance any reductions.
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