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DSISD's Runaway Property Taxes Quick Facts
Hardworking Families and Seniors on Fixed Incomes Cannot Keep Up—Runaway Property Taxes are Busting Our Household Budgets and Putting Our Homes at Risk!
DSISD Property Taxes on an Average Residence Increased by 9.8% in Just the Past Year!
For the average DSISD residence, that's a tax increase of $474—from $4,846 to $5,320 in DSISD property taxes 1
DSISD Admits that Our Property Taxes Will Continue to Go Up, Even Without Raising the Tax Rate!
"A property owner's tax bill will increase if the assessed value increases or if the tax rate increases from one year to the next."2
DSISD Further Admits that Our Property Taxes Will Go Up Even Faster Than They Have Been!
"Property values have increased the last four years and [...] this trend is expected to increase." 2
But DSISD Property Taxes Have Already Increased by 42% Since 2011—an Increase of $1,574 per Property!
In 2011, school property taxes on an average DSISD residence were $3,746, while in 2018 that DSISD tax totaled $5,3201, 3
DSISD Total Taxable Value of All Property Has Increased by 80%, over $2 billion, since 2011!
While the DSISD student population has only grown by 33% since 2011. 4, 5 Total taxable DSISD property value was $2,551,630,435 in 2011 and $4,601,882,069 in 2018. 1, 3
Texas Has the 4th Highest Average Effective Property Tax Rate of All U.S. States!
That means Texas homeowners, on average, pay a higher percentage of their home's value in taxes than do homeowners in 92% of states. 6
Hays County Has the 14th Highest Average Effective Property Tax Rate in All of Texas!
That means Hays County homeowners, on average, pay a higher percentage of their home's value in taxes than do homeowners in 94% of Texas counties. 6
In Fact, Hays County Now Has a Higher Average Effective Property Tax Rate than Travis County!
That means Hays County homeowners, on average, pay an average effective tax rate of 2.01% to Travis County homeowners average effective tax rate of 1.98%. 6
This means that Hays County, Texas is a Top 10% Highest Property Tax County in a Top 10% Highest Property Tax State, Even Before Accounting for Future Property Tax Increases! 6
Hardworking families and seniors on fixed incomes can't keep up. Runaway property taxes are putting our homes at risk!
Reference
1. https://www.dsisdtx.us/site/handlers/filedownload.ashx?moduleinstanceid=1330&dataid=2984&FileName=Official%20Budget%202017-18.pdf
2. https://www.dsisdbond.net/faq/
3. https://v3.boardbook.org/Public/PublicItemDownload.aspx?ik=30573596
4. https://www.dsisdtx.us/cms/lib/TX02204855/Centricity/Domain/116/Dripping%20Springs%20ISD%20Demographic%20Update%20Presentation%20-%20Oct%202017%20Bond%20Committee.pdf
5. https://www.dsisdtx.us/cms/lib/TX02204855/Centricity/Domain/116/DemoRIGHTONE_201303010839007143.pdf
6. https://smartasset.com/taxes/texas-property-tax-calculator
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