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Allen ISD adopts $226.2 million budget for 2026–27, approves order to issue refunding bonds
Summary
The Allen ISD Board of Trustees approved a 2026–27 budget that funds General, Student Nutrition, and Debt Service accounts and authorized an order for unlimited tax refunding bonds; both measures passed unanimously 7–0.
The Allen Independent School District Board of Trustees on June 15 adopted the district's 2026–27 budget and approved an order authorizing unlimited tax refunding bonds. The board approved appropriations of $226,195,440 for the General Fund, $8,586,759 for the Student Nutrition Fund, and $94,618,707 for the Debt Service Fund.
Dr. Kyle Penn, Assistant Superintendent of Business and Technology, presented the budget and noted that the required Notice of Public Meeting was published in the Allen American on June 5, 2026. After a brief public hearing that produced no comments, the board voted 7 to 0 to adopt the budget. The board also approved an order delegating authority to a pricing officer to approve sale terms and levied an ad valorem tax to pay the bonds; that action likewise passed 7 to 0.
Board members did not request further amendments to the adopted figures at the meeting. According to the motion record, the actions were approved unanimously: Montgomery, Parker, Holley, Yost, Mitchell, Campbell and Kinnear voted in favor. The adoption and bond authorization conclude the district's formal budget approval process for the coming fiscal year.
