During the September 18 Board Meeting, RISD Trustees adopted the 2025 – 2026 property tax rate at $1.1052 per $100 of taxable value, which is the same tax rate as last year. This is the district’s lowest overall tax rate since 1989.
The maintenance and operations portion, at seventy-five and a half cents, is the lowest since 1984, and the debt service rate has remained steady at thirty-five cents since 2016.
It’s important to note that nearly thirty percent of RISD’s residential accounts qualify for the over-65 levy freeze, which means the amount of taxes they pay cannot increase, regardless of property valuation or tax rate. The actual amount of taxes that a property owner pays is the combination of the tax rate and their taxable property value, as determined by the Dallas Central Appraisal District.
The State of Texas sets the operating tax rate annually for school districts based on a school finance formula that includes the number of students attending school each day and assessments of property values within a school district. Typically, if property values increase, the tax rate will decrease, with the opposite occurring if property values decrease.
Click here to see the full September 18 Board Meeting Presentation.
