| 2007 Tax
Rates - Midland County |
Taxing Jurisdiction |
Code |
EXEMPTIONS |
2007 Taxrate |
| Homestead |
**Over 65 |
**Disability |
*Local Option |
State Mandated |
| GISD |
SCG |
*20% or 5000 |
15000 |
10000 |
10000 |
1.16850 |
| MISD |
SCM |
*10% or 5000 |
15000 |
10000 |
10000 |
1.16805 |
| CITY |
CTM |
|
|
8000 |
|
0.05386 |
| COLLEGE |
RDC |
|
|
8000 |
|
0.19112 |
| HOSPITAL |
HOS |
|
|
12000 |
|
0.14225 |
| COUNTY |
165 |
|
|
20000 |
|
0.23051 |
| DOWNTOWN MUNICIPAL
MANAGEMENT DISTRICT |
DMM |
|
|
|
|
0.24000 |
NOTES
| * |
Greater of the two values - the
percentage of the total market value or $5000 (ie. minimum exemption of
$5000.) |
| |
|
| ** |
A property owner can only claim only one of
these two exemptions . . . you can claim either the over 65 exemption or the
disabled exemption - but not both. |
For more details on exemptions see the
Exemptions webpage. |
|