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Royse City ISD warned of flatlining property values and weakened taxable base
Summary
Staff told trustees preliminary 2026 appraised values show much slower growth and that exemptions and protests could sharply reduce the taxable base, with Collin County preliminaries dropping Royce City ISD's taxable estimate from $442,000,000 to about $403,000,000.
At a board meeting, a staff member presented preliminary property-value estimates and warned the district's long run of growth is slowing. "We're almost flatlining," the staff member said, describing certified appraised values for 2022—6 and preliminary 2026 numbers that show much smaller increases than prior years.
The presenter separated appraised values from freeze-adjusted taxable values, noting homestead and 65+ exemptions (including a $200,000 exemption) reduce the taxable base substantially. The staff member said Collin County's preliminary update reduced Royce City ISD's taxable estimate from $442,000,000 to about $403,000,000, and attributed the change in part to roughly 150,000 protest letters the county must resolve before July. The presenter warned that reduced taxable value will pressure revenue projections when the district finalizes the 2026-27 budget.
