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Rockwall County appraiser: Royse City ISD sees modest market growth; appeals and exemptions complicate taxable totals
Summary
Rockwall County’s chief appraiser presented parcel and value statistics showing residential-heavy growth but noted legislative homestead and business personal property exemptions and pending appeals could moderate taxable values before certification.
Kevin Passons, chief appraiser for the Rockwall County side of Royse City ISD, presented parcel growth and value trends and emphasized the district is residential-heavy: of roughly 60,000 county parcels about 75% are single-family residential.
Passons said Royce City ISD’s market-value growth registered about 4.14% year over year for the district (Rockwall side data), and he reported taxable-value growth around 4.1% as preliminary estimates were released. He explained the appraisal calendar and appeal season, noting appraisal notices would be sent starting March 13 and that the appeal process runs through July 25 before roles must be certified.
Passons also walked trustees through several legislative changes that affect taxable totals: recalculations tied to homestead ceilings, new homestead-exemption amounts and a business personal property exemption enacted in the most recent legislative session. He estimated the business personal property exemption removed about $19,000,000 of taxable value from the district. He cautioned that appeal season could still reduce certified values further, but he did not expect large reductions beyond preliminary estimates.
Passons urged trustees to view the figures as preliminary and to expect adjustments during the appeal season. He also noted the differing data sources and that his presentation covered only the Rockwall-County portion of the district.
