What is a PID tax?
A resident in Waterscape pays taxes to Rockwall County and Royse City Independent School District. In addition, there is a Waterscape Public Improvement District (Waterscape PID) assessment that is paid annually much like a tax. These assessments help keep lot and home prices affordable, as the assessments are used to finance public improvements within Waterscape (water, sewer, drainage, roads, etc.).
All county and school property tax exemptions (homestead, over age 65) are available within Waterscape in the payment of these taxes. Waterscape residents do not pay a city tax but do pay the Waterscape PID assessment as described above.