Penny Swap: Duncanville ISD Tax Ratification Election

Filed under: Duncanville ISD,Schools |

Penny Swap: Your tax rate stays the same; schools receive more funding.

Duncanville ISD – Duncanville ISD is considering an election that could generate an additional $5.2 million each year without increasing the school tax rate.

A Tax Ratification Election (TRE), which we’re calling a Penny Swap, allows voters to consider making changes to part of the school tax rate. In Texas, the school tax rate comes from two sources – Maintenance and Operations and Debt Service. Maintenance and Operations is for the day-to-day operation of the school district, including books, supplies, utilities, equipment, transportation and personnel. The Debt Service tax rate provides funds to repay debt, which was incurred to build and renovate buildings and purchase major equipment.

State law requires school district to hold a TRE if they propose a Maintenance and Operations tax rate that is higher than $1.04 per $100 of taxable value.

In Duncanville ISD, we’re considering a Penny Swap which would result in no increase to the school tax rate. With a Penny Swap, the Maintenance and Operations tax rate would be increased by $0.13 to $1.17 and the Debt Service tax rate would be reduced by $0.13 to $0.35148. As a result, the overall tax rate of $1.52 would not be effected.

It’s a Penny Swap! For Duncanville ISD voters, your school tax rate remains the same.

A Penny Swap increases the funding provided by the state providing Duncanville ISD with approximately $5.2 million in additional revenue each year.

Click here to view a list of Frequently Asked Questions. For more information regarding the Penny Swap, email