Exemptions

Homestead Exemptions

Entity Code Description Local Option Pct Amount Granted
01 REEVES COUNTY 1% $5,000
30 P-B-T I.S.D n/a $25,000
31 BALMORHEA I.S.D. n/a $25,000
90 REEVES CAD(WARD CO)PBT n/a $25,000

Over-65 Exemptions

Entity Code Description Amount Granted
01 REEVES COUNTY $30,000
10 TOWN OF PECOS CITY $15,000
11 CITY OF TOYAH $3,500
12 CITY OF BALMORHEA $3,000
30 P-B-T I.S.D $10,000
31 BALMORHEA I.S.D. $10,000
65 REEVES CO HOSP DIST $15,000
90 REEVES CAD(WARD CO)PBT $10,000

Disability Exemptions

Entity Code Description Amount Granted
01 REEVES COUNTY $30,000
10 TOWN OF PECOS CITY $10,000
30 P-B-T I.S.D $10,000
31 BALMORHEA I.S.D. $10,000
65 REEVES CO HOSP DIST $10,000
90 REEVES CAD(WARD CO)PBT $10,000

* Either a disability or over/65 exemption may be claimed, but not both.

However, it is best to have an over/65 exemption.

Veteran Exemptions

Percentage Disability Ratings Amount Granted
at least 10% but less than 30% up to $5,000 off Assessed Value
at least 30% but less than 50% up to $7,500 off Assessed Value
at least 50% but less than 70% up to $10,000 off Assessed Value
at least 70% but less than 100% up to $12,000 off Assessed Value
100% 100% Homesteadable Value