Tax Impact
Rockwall ISD’s VATRE tax impact is 66% LESS than the prior year's proposal and, due to local cost-saving efforts, would result in a four-cent net tax increase. It would generate $16.5 million more in local funding to address teacher and staff pay, underfunded special education services, student programs and underfunded safety and security.
The average taxable home value in Rockwall ISD is $540,000. With the additional Homestead Exemption, the taxable value is $400,000. If approved by the voters, the Voter Approval Tax Ratification Election tax impact would be roughly $13 per month. For taxpayers 65 years and older, taxes are frozen and there is no tax impact if there have been no improvements made to the primary residence.
If the VATRE is approved, the tax rate will be set at $1.0669 per $100 valuation.
If approved by the voters, the Voter-Approval Tax Ratification Election tax impact would be roughly $13 per month. For taxpayers 65 years and older, taxes are frozen and there is no tax impact if there have been no improvements made to the primary residence.
Rockwall ISD Tax Rate History
Since 2016, the Rockwall ISD tax rate has decreased by 44 cents per $100 of taxable value. Although the local School Board sets the tax rate, the Texas Education Agency sets certain limitations on tax rates, like the maximum compressed M&O tax rate and requirements for voter approval for rates exceeding certain thresholds.
Surrounding District Tax Rate Comparisons
| District | 2025-26 Total Tax Rate | 2023-24 Revenue per Student | Has a Vatre? |
|---|---|---|---|
| Forney | $1.2869 | $11,090 | Yes |
| Royse City | $1.2552 | $10,807 | Yes |
| Kaufman | $1.2552 | $10,512 | Yes |
| Lovejoy | $1.2552 | $10,385 | Yes |
| Prosper | $1.2141 | $10,630 | Yes |
| Wylie | $1.2102 | $9,999 | Yes |
| Community | $1.2077 | $10,612 | Yes |
| Princeton | $1.2072 | $11,081 | Yes |
| Garland | $1.1709 | $9,363 | Pending Election* |
| Terrell | $1.1305 | $10,398 | Yes |
| Allen | $1.1258 | $9,661 | Yes |
| Richardson | $1.1052 | $10,507 | Yes |
| McKinney | $1.1043 | $9,902 | Yes |
| Mesquite | $1.0992 | $10,882 | Yes |
| Rockwall | $1.0669 | $9,062 | Pending Election* |
| Plano | $1.0396 | $10,293 | Yes |
| Frisco | $1.0194 | $9,981 | Yes |
Notes
- Rockwall and Garland tax rates shows with VATRE proposals included
- Rockwall and Garland have pending VATRE elections
- Rockwall has the LOWEST revenue per student of any other district
- Rockwall and Garland are the ONLY districts without a VATRE
- Even with the VATRE passing, Rockwall still has the 3rd LOWEST tax rate
Sources
- 2025-2026 tax rates were retrieved from district websites
- 2023-2024 revenue per student is most recent data available from TEA
LEARN MORE
Learn more about Texas School Finance and the Rockwall ISD Budget: