| Property Type |
Statute |
State Rate |
County Rate |
School Rate |
City Rate |
Residential
(Land & Improvements) |
132.020 |
14.8 |
Full |
Full |
Full |
Farm
(Land & Improvements) |
132.020 |
14.8 |
Full |
Full |
Full |
Commercial
(Land & Improvements) |
132.020 |
14.8 |
Full |
Full |
Full |
Leasehold Interests
(Owned & Financed by tax-exempt organizations) |
132.020 |
1.5 |
None |
None |
None |
| Mobile Homes |
132.750 |
14.8 |
Full |
Full |
Full |
Oil Property
(Producing and Undeveloped) |
132.020 |
14.8 |
Full |
Full |
Full |
Natural Gas Property
(Producing and Undeveloped) |
132.020 |
14.8 |
Full |
Full |
Full |
| Unmined Coal |
132.820 |
14.8 |
Full |
Full |
Full |
| Other Unmined Minerals |
132.820 |
14.8 |
Full |
Full |
Full |
| Timber Property |
132.020(5) |
14.8 |
Full |
Full |
Full |
|
The tax rates are expressed in cents per $100.00 of assessed value. |
