| ENTITY | 2025 TAX RATE | HOMESTEAD EXEMPTION |
| | | (subject to application and verification of eligibility) |
| | | STATE MANDATED | OPTIONAL |
| | | REGULAR | OVER 65 | DISABILITY | VETERAN DISABILITY | REGULAR | OVER 65 | DISABILITY |
| (any property, not just homestead ) |
| Mitchell County | 0.336451 | None | None | None | $5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+ | None | None | None |
| Lateral Road | 0.1200000 | $3,000 | None | $3,000 | $5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+ | None | $12,000 | None |
| CITY |
| City of Colorado City | 0.6958370 | None | None | None | $5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+ | None | None | None |
| City of Loraine | 0.5682200 | None | None | None | $5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+ | Greater of: 10% or $5,000 | Greater of: 10% or $5,000 | Greater of: 10% or $5,000 |
| City of Westbrook | 0.2349012 | None | None | None | $5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+ | Greater of: 10% or $5,000 | Greater of: 10% or $5,000 | Greater of: 10% or $5,000 |
| SCHOOLS ( only jurisdiction eligible to be FROZEN ) |
| Colorado ISD | 1.1255000 | $140,000 | $60,000 | $60,000 | $5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+ | None | None | None |
| Loraine ISD | 1.1022000 | $140,000 | $60,000 | $60,000 | $5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+ | None | None | None |
| Westbrook ISD | 0.6669000 | $140,000 | $60,000 | $60,000 | $5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+ | None | None | None |
| Forsan ISD | 0.8668500 | $140,000 | $60,000 | $60,000 | $5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+ | None | None | None |
| Ira ISD | 1.1569000 | $140,000 | $60,000 | $60,000 | $5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+ | None | None | None |
| Roscoe ISD | 0.8329900 | $140,000 | $60,000 | $60,000 | $5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+ | None | None | None |
| SPECIAL |
| Hospital | 0.3017839 | None | None | None | $5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+ | None | None | None |
| Water District | 0.0205000 | None | None | None | $5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+ | None | None | None |