Trustees Adopt 2021 Property Tax Rate

RISD logo

At the Sept. 20 board meeting, RISD trustees voted to adopt the 2021 property tax rate of $1.3909 (per $100 of appraised taxable value). This rate represents a decrease of $0.0138 (1.38 cents) from last year’s rate. It is comprised of a debt service tax rate of $0.35 and an operating tax rate of $1.0409. The debt service tax rate is unchanged from last year and did not increase as a result of community approval of Bond 2021. The operating tax rate, set by state law under the Texas school finance system, was reduced to $1.0409 from $1.0547.

For tax year 2021, 70.7% of residential accounts will pay the same or lower tax levy than the previous year, and 29.3% of residential accounts will have a tax levy increase due to a change in taxable property value.

Learn more about RISD’s Budget & Finance.

Share this post

Latest updates on the legislative session

Legislative Corner

News and developments from the 89th legislative session impacting RISD and public schools.

Richardson ISD celebrates black history month

RISD Celebrates Black History Month

As we celebrate Black History Month, let’s educate ourselves and others on the important contributions and achievements of Black Americans throughout history.