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Denton ISD officials project a roughly $326,000 surplus for fiscal year 2026-27, following board approval of next fiscal year’s general fund at a June 9 board meeting.
Zooming in: The budget projects the district collecting $380,339,974 in revenue and spending $380,014,432 in expenditures, with a property tax rate of $1.1922 per $100 of valuation.
The district’s tax rate is split between the maintenance and operations rate and the interest and sinking rate. The maintenance and operations rate funds the district’s operations, like staff salaries, and the interest and sinking rate raises funds to pay off bond debt, according to the Texas Education Agency.
By the numbers: Stewart’s projections show the district expects to collect about $255 million in property taxes, up from about $244 million in the 2025-26 amended budget. DISD also expects to collect $8.8 million in other local revenue, $114 million in state funding, $1.4 million in federal funding and $1 million in other funding sources.
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