Tax Info
Tax Calculator

Ratio of Oil and Gas to Existing Tax Base

Over the life of the bond, based on current projections, Oil and Gas will pay for roughly 95% of all payments.

Oil and Gas

73%

Local

Tax Impact

Home Value*Tax Rate ImpactAnnual IncreaseMonthly Increase
$50,000 $0.26$130$2.17
$75,000 $0.26$195$7.58
$100,000 $0.26$260$13.00
$150,000 $0.26$390$23.83

*Including $40,000 homestead exemption

Tax Rate Comparison

M&O RateI&S RateTotal Tax Rate
$0.85$0.00$0.85BEFORE BOND
$0.85$0.26$1.11AFTER BOND

*Tax rates are projected and preliminary

Voters 65+ ($0 Tax Impact)
NO TAX INCREASE on homesteads for those having Age 65 Homestead Exemption Affidavit. For questions on how to apply, contact Dawson CAD at (806) 872-7060 or file online at: dawsoncad.org For Martin CAD, (432) 756-2823 or file online at: martincad.org

For more information, call (432) 353-4888 or visit https://sands.esc17.net