612 E. Bethany Dr. • Allen, Texas, 75002 • 972-747-3358 • Fax 972-747-3360 

Allen ISD is excited to launch a new website designed to increase public understanding of Texas school finance and the Allen ISD budget. The website, Finance Focus, is designed to break down complex budget and finance topics into an easier-to-understand format with a spotlight on improved transparency and efficiency. Allen ISD is committed to fiscal responsibility, accountability, and community engagement, and Finance Focus is the next step in maintaining those goals.

Allen ISD believes in providing our taxpayers with clear and relevant financial information. As part of AISD’s efforts to increase the level of transparency and engagement, the District is committed to providing essential financial information and data on District revenues, expenditures, tax rates, cost drivers, and comparative data. We are committed to providing this financial information in a format that is transparent, easily accessible, and understandable. 

The Debt Service Fund accounts for payments of principal, interest, and related fees on the District’s general obligation bonds. Under Texas law, only these debt service payments can be accounted for in this fund. The Texas Education Code Section 45.003(e) specifies that a school district is able to issue unlimited tax bonds, provided that the district demonstrates its projected ability to pay such bonds plus the District’s outstanding bonds (excluding bonds authorized by an election held on or before April 1, 1992, and issued before Sept. 1, 1992) at a debt service rate of not more than $0.50 per $100 in valuation. Allen ISD does not have any upcoming bond elections at this time.