When looking for a place to live in Texas, few cities shine like Frisco, Texas. Not only can you enjoy a well-run city full of growth, but also a relaxed lifestyle in any of the Frisco neighborhoods. There is also no one better to help you find the home you want than Mister Frisco and Globus Realty. You won’t find anyone more diligent and dedicated to helping you find your perfect home in Frisco than Viktor Taushanov. And if things weren’t already fantastic in Frisco, there’s more good news – Frisco is lowering its tax rate!
Lower Taxes
A school district’s property tax rate in Texas is tied to property values. As values go up, school funding goes up. Strong growth in Frisco has meant increased property tax values from 2021 to 2022. But according to a recent article from CommunityImpact, “Frisco ISD has decreased the district’s tax rate by about $0.05 for the upcoming fiscal year.” That’s good news for existing homeowners and new construction.
Frisco ISD
Lowering the tax rate because of rising property values is a move Frisco ISD is fond of. Continuing the article, “Board President René Archamboult said the District was able to lower the tax rate more than initially thought due to the value of the land. “We’re always looking for ways to reduce the burden on homeowners who send their kiddos to Frisco ISD,” she said.” If you are moving to Frisco with school-aged children or plans to start a family, it’s nice to know their public school system has parents’ interest in mind beyond their children’s education.
History of Kindness
This isn’t the only time Frisco ISD has lowered the tax burden on property owners. According to an article from the Frisco ISD website, “Since 2018, the portion of Frisco ISD’s tax rate that pays for maintenance and operations has dropped nearly 23 cents due to House Bill 3, the 2019 law that limits school district revenue growth. The hot housing market helped drive a 14.7% increase in assessed property values within the FISD boundaries from 2021 to 2022. As a result, the District’s tax rate will decrease to offset the burden on homeowners.”
Trust Mister Frisco, Viktor Taushanov, and Globus Realty to help you find your forever home. Contact Viktor today and make your dreams a reality.
