With the new $100,000 Homestead Exemption, coupled with the local 20% option, the tax impact on average residence will be $0.66 (66 cents) per month, or $7.88 per year. Homeowners aged 65+ will not receive a tax increase if they have received an Age 65 Freeze Homestead Exemption and have not made any significant improvements to their residences.
Deweyville Independent School District Tax Rate History
| SCHOOL YEAR | M&O RATE | I&S RATE | TOTAL TAX RATE |
| 2015-2016 | $1.0400 | $0.205700 | $1.245700 |
| 2016-2017 | $1.0400 | $0.155000 | $1.195000 |
| 2017-2018 | $1.0400 | $0.155828 | $1.195828 |
| 2018-2019 | $1.0400 | $0.150824 | $1.190820 |
| 2019-2020 | $0.9700 | $0.139507 | $1.109507 |
| 2020-2021 | $0.8747 | $0.113050 | $0.987750 |
| 2021-2022 | $0.8747 | $0.163327 | $1.038027 |
| 2022-2023 | $0.8612 | $0.156768 | $1.017968 |