Lake Highlands - Lakewood | October 2023

Education

15% OFF ENTIRE BILL Up to $150 for lunch dine in only. Expires 11/15/23

Richardson ISD tax rates The new Richardson ISD tax rate marks a nearly 6% decrease since 2016. Taxes are collected per $100 valuation of a property.

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$1.52

$1.50 $1.40 $1.30 $1.60

$1.39

$1.31

$0

SOURCE: DALLAS COUNTY/COMMUNITY IMPACT

Richardson ISD adopts lower tax rate to school districts so they can cut taxes. Voters will see it on their ballots in November. The proposed tax rate was

Richardson ISD officials adopted a new tax rate of $1.1431 per $100 valuation for the fiscal year 2023-24. David Pate, assistant superin- tendent of finance and support services, said it’s the district’s lowest tax rate in 33 years. The details The RISD board of trustees voted Sept. 21 to adopt the new tax rate. In FY 2022-23, the total tax rate was about 17 cents higher than the newly adopted rate. Pate said nearly 11 cents of the decrease can be attributed to Senate Bill 2, which is intended to send money

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calculated assuming the passage of all the constitutional amend- ments, Pate said, adding that school districts are required to calculate tax rates that way. What to expect The tax bills homeowners receive in October will be based on the new tax rate. However, taxpayers will be notified at the same time of what their tax bill will look like if the amendments do not receive voter approval in November.

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Local districts join lawsuit against TEA ratings calculations. Districts use the ratings to address educational priorities, and many families use

Richardson and Dallas ISDs joined other districts in a lawsuit against the Texas Education Agency over changes made to the accountability ratings system. What’s happening? Both boards of trustees voted Sept. 14 to join over a lack of transparency and timely notifi- cation about changes made to

them as a measure of quality. District officials said the new system would effectively lower A-F performance ratings for the 2022-23 school year in an unlawful way by calculating them retroac- tively. The lawsuit seeks to block the release of the new ratings.

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