CHISD has proposed a tax rate of $1.1326 per $100 of taxable property value.  If the VATRE passes, a $300,000 median priced home, with $100,000 homestead exemption, would pay $2,265 a year in the CHISD portion of the tax bill. That is $830 less than what property owners paid in 2022 thanks to tax compression and the proposed SB2 increased homestead exemption from the state.

Therefore, if the VATRE is approved by voters, this average homeowner will save at least $69 per month on the CHISD portion of their property tax bill and be able to fund additional CHISD campus police officers and provide competitive salaries for teachers.

HOMESTEAD EXEMPTION EXPLAINED

Cedar Hill ISD property taxes for citizens aged 65 or older would not be affected by the VATRE as long as a homestead and over 65 exemption application has been filed with the local appraisal district. 

​According to state law, the dollar amount of school taxes imposed on the residence homestead of a person 65 years of age or older cannot be increased above the amount paid in the first year after the person turned 65 regardless of changes in tax rate or property value unless improvements are made to the home.

Learn more about the Over 65 Exemption on the Comptroller’s website.

Visit the Dallas Central Appraisal District’s website for an application.