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Finance

ESSER III

Financial Transparency

McKinney ISD is at the forefront of financial transparency among school districts. We have been awarded numerous awards for Financial Transparency throughout the years. Most recently, MISD was awarded a Transparency Star in both Traditional Finances and Debt Obligations from the state comptroller. MISD takes a great deal of pride in it’s Financial Transparency and will continue to remain diligent in it’s communication of district finances.

Tax Rate

Current Tax Rate

The 2022 adopted tax rate is $1.3129 per $100 valuation. The combined tax rate is a combination of an M&O tax rate of $0.9429 and an I&S tax rate of $0.37.

Proposed Tax Rate

The 2023 proposed tax rate is $1.1275 as of August 2023. The 2023 tax rate will be adopted in August.

2021-22 School Year [Fiscal Year 2022 Ending 6/30/22]

The above summary data is from the government-wide Statement of Revenues, Expenditures, and Changes in Fund Balance in the District’s audited Annual Financial Report.
2021-22 School Year (PDF)

Historic Tax Rate Comparison

Total Property Tax per $100 Valuation

Maintenance & Operating (M&O) Property Tax per $100 Valuation

Interest & Sinking (I&S) Property Tax Per $100 Valuation

General Fund Revenues Per Student

General Fund Expenditures Per Student

Debt Service Requirements as of 8/31/22

Debt Service Requirements

Tax Supported Debt Per Student

Tax Supported Debt (in Millions)

Debt Information

Indep. Registered Municipal Advisor Certificate

Audited Financial Statements

Financial Integrity Rating System of Texas (FIRST)

Budget/Taxes

Bond Reports

McKinney ISD has no scheduled upcoming bond elections at this time.

Manuals

Other

Information Requests

Email your request including your name, mailing address, phone number and a list of requested documents to [email protected].

Office of Business & Finance

#1 Duvall Street
McKinney, Texas 75069
469-302-4131