Who sets the tax rate or mill levy?
Tax rates (mill levies) are determined by each taxing authority (County, City, School District, Fire Department, Water and Sanitation District, and Recreation District) in the fall of each year. These authorities provide services to you and are listed on your last tax notice. Amendment I, known as the Tabor Amendment approved by the voters in 1992, restricts the ability of taxing authorities to raise tax rates or revenue without voter approval. Some tax authorities have chosen to provide temporary tax credits, which allows the tax district to maintain its official mill levy and not exceed revenue limits.
