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(c) Not later than the 30th day before the date of a public hearing held under Subsection (b), the board shall complete and publish a service plan for the territory proposed for annexation.

The service plan is informational only and must include:

1. the maximum property tax rate that the board may adopt;
2. the most recent property tax rate adopted by the board and any tax rate increase proposed or anticipated to occur after the annexation;
3. the tuition rate that would apply after annexation for a student who resides in the district;
4. the tuition and fees that would apply for a student that resides outside the district;
5. plans for providing educational services in the territory, including proposed or contemplated campus and facility expansion in the territory;
6. plans for cooperation with local workforce agencies; and
7. any other elements consistent with this subchapter prescribed by rule of the Texas Higher Education Coordinating Board.

• The maximum tax rate allowed under the Texas Education Code is $1.00 per $100 assessed property valuation. Of this maximum tax rate, no more than $0.50 can be dedicated to paying for debt service on facilities bonds.
• The Maintenance and Operation tax rate for 2022 is $0.196870 per $100 assessed property valuation.
• The debt service rate for 2022 is $0.069234 for a combined tax rate of per $100 assessed property valuation of $0.266104.
• Pursuant to Texas Tax Code, the maintenance and operations tax rate cannot increase taxes collected by more than 8 percent from the prior year without voter approval.

• The in-district tuition and fees for the 2022-2023 academic year is $107 per credit hour.  In addition, the College charges a flat fee per term of $85.00 for a total of $192.00.
• The out of district tuition is $157.00 per credit hour. In addition, the College charges a flat fee per term of $85.00 for a total $242.00.

• Expansion of local delivery of services and programs at the in-district rate,
• Eligibility to vote in DMC Board of Regents elections;
• Access to DMC campuses, centers and amenities,
• Student support services including advising, admissions, academic counseling, career counseling, financial aid, and student life activities at the in-district rate,
• Customized training, Skills for Small Businesses, Texas Workforce Commission Skills Development Fund, and employee training in support of business initiatives,
• Access to degrees and/or certificates in transfer and career pathways, and
• Access to programs such as English-as-a Second Language, Literacy and Adult Basic Education.
• Upskilling and reskilling programs of high value and in demand workforce education and training that can be completed in one year or less.

Average taxable home value in RISD is $54,084.

Tax impact at the present overall tax rate is an increase of $144 annually or $12.00 per month

Tax exemptions will apply as indicated below:

• Based on the average RISD home value of about $54,084 the average DMC tax bill for a homeowner would be about $12 per month.
• DMC has adopted a Homestead Exemption of $5,000.
• DMC has also adopted a Senior or Disabled Exemption of $50,000 plus the $5,000 regular Homestead Exemption, for a total Homestead Exemption for Seniors or Disabled persons of $55,000.
• DMC has also adopted that each disabled veteran is entitled to the mandatory exemption provided in Section 11.22 of the Code.