Denton Independent School District (ISD) is projecting a budget surplus of $325,000 for the 2026-27 fiscal year. The district’s budget, which includes a 4% pay raise for teachers and librarians, is based on projected revenues of nearly $380.34 million and expenditures of more than $380.01 million.

Breakdown of the Budget

The district’s tax rate is split between the maintenance and operations rate and the interest and sinking rate. The maintenance and operations rate provides funds for the district’s operations, like staff salaries, while the interest and sinking rate raises funds to pay off bond debt. The Texas Education Agency (TEA) sets a portion of the district’s maintenance and operations tax rate, which is $0.6022 per $100 of valuation. The district-controlled portion of the tax rate is $0.11, up from $0.06 in FY 2024-25, after voters approved a tax rate election in November 2025.

The interest and sinking rate is $0.48 and hasn’t changed since 2017. The district expects to collect about $255 million in property taxes, up from about $244 million in the 2025-26 FY amended budget. Additionally, the district 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.

Personnel Expenses

The district’s biggest expense is personnel, accounting for just under 79% of expenditures. The district approved a 4% pay raise for teachers and librarians and a 2% pay raise for all other staff at the May board meeting.

Original reporting: Community Impact — Denton — read the source article.