Adopted Tax Rates

ENTITY2025 TAX RATEHOMESTEAD EXEMPTION
  (subject to application and verification of eligibility)
  STATE MANDATEDOPTIONAL
  REGULAROVER 65DISABILITYVETERAN DISABILITYREGULAROVER 65DISABILITY
(any property, not just homestead )
Mitchell County0.336451NoneNoneNone       $5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+NoneNoneNone
Lateral Road0.1200000$3,000None$3,000$5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+None$12,000None
CITY
City of Colorado City0.6958370NoneNoneNone$5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+NoneNoneNone
City of Loraine0.5682200NoneNoneNone$5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+Greater of: 10% or $5,000Greater of: 10% or $5,000Greater of: 10% or $5,000
City of Westbrook0.2349012NoneNoneNone$5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+Greater of: 10% or $5,000Greater of: 10% or $5,000Greater of: 10% or $5,000
SCHOOLS  ( only jurisdiction eligible to be FROZEN )
Colorado ISD1.1255000$140,000$60,000$60,000$5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+NoneNoneNone
Loraine ISD1.1022000$140,000$60,000$60,000$5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+NoneNoneNone
Westbrook ISD0.6669000$140,000$60,000$60,000$5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+NoneNoneNone
Forsan ISD0.8668500$140,000$60,000$60,000$5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+NoneNoneNone
Ira ISD1.1569000$140,000$60,000$60,000$5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+NoneNoneNone
Roscoe ISD0.8329900$140,000$60,000$60,000$5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+NoneNoneNone
SPECIAL
Hospital0.3017839NoneNoneNone$5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+NoneNoneNone
Water District0.0205000NoneNoneNone$5,000 10% – 29% $7,500 30% – 49% $10,000 60% – 69% $12,000 70%+NoneNoneNone