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Updated 2025 Tax Year

Morgan County
Property Tax Guide

Everything you need to know about property taxes in Morgan County, CO. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
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Quick Facts
Tax Rate
Varies by location and taxing districts (typically 0.5% to 1.2% of assessed value)
1st Due
Feb 28
2nd Due
Jun 15
Exemptions
3+ Available
Section 1

How Property Tax Works

Morgan County, Colorado operates under the state's property tax system, where property taxes serve as a primary revenue source for local government services, schools, and special districts. The county does not set its own tax rate - rates are determined by various taxing entities including the county commissioners, school districts, fire districts, and other special districts within your area. Property taxes in Morgan County fund essential services such as education, law enforcement, road maintenance, fire protection, and county operations.

The effective tax rate in Morgan County varies significantly based on your specific location within the county, as different areas are served by different combinations of special taxing districts. Colorado's assessment system values residential property at 6.95% of actual value for tax year 2025, with commercial property assessed at 27.9%. Your total tax bill depends on the combined mill levies of all taxing districts that serve your property location.

Section 2

What Makes Up Your Tax Bill

ComponentApproximate Rate (Mills)Description
County General FundVaries by districtBasic county services, roads, administration
School DistrictVaries by districtLocal school funding and operations
Fire DistrictVaries by districtFire protection and emergency services
Library DistrictVaries by districtPublic library services
Special DistrictsVaries by districtWater, sewer, parks, and other local services

Note: Tax rates are expressed in mills (1 mill = $1 per $1,000 of assessed value). Specific rates for levy year 2025-2026 vary by location within Morgan County depending on which special taxing districts serve your property. Contact the Morgan County Assessor's office for your exact mill levy combination.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Morgan County, property taxes are due in two installments:

First Installment
Feb 28
Delinquent after Dec 10
Second Installment
Jun 15
Delinquent after Apr 10
Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Morgan County are additional property tax assessments that occur when there are changes to property ownership, value, or use during the tax year. Common triggers include new construction completion, property improvements, ownership transfers that remove previous exemptions, or corrections to assessment errors discovered after the initial tax roll.

When supplemental taxes are levied, they are calculated based on the difference between the old and new assessed values, multiplied by the applicable tax rate, and prorated for the portion of the tax year remaining. For example, if you complete a $100,000 home addition in July, and your area's combined mill levy is 50 mills, you would owe approximately $347 in supplemental taxes (($100,000 × 6.95% assessment ratio × 50 mills) × 6 months ÷ 12 months = $347).

Example Calculation

Example 1: $300,000 Home

  • Market Value: $300,000
  • Assessed Value: $20,850 ($300,000 × 6.95%)
  • Less Senior Homestead Credit: -$1,390 (if applicable, requires application)
  • Net Taxable Value: $19,460
  • Annual Tax (at 50 mills): $973
  • Monthly Escrow: $81

Example 2: $600,000 Home

  • Market Value: $600,000
  • Assessed Value: $41,700 ($600,000 × 6.95%)
  • Less Senior Homestead Credit: -$1,390 (if applicable, requires application)
  • Net Taxable Value: $40,310
  • Annual Tax (at 50 mills): $2,016
  • Monthly Escrow: $168

Example 3: $1,000,000 Home

  • Market Value: $1,000,000
  • Assessed Value: $69,500 ($1,000,000 × 6.95%)
  • Less Senior Homestead Credit: -$1,390 (if applicable, requires application)
  • Net Taxable Value: $68,110
  • Annual Tax (at 50 mills): $3,406
  • Monthly Escrow: $284

Note: Tax credits require separate applications and are not automatically applied. Mill rates used are examples - actual rates vary by specific location within Morgan County.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Morgan County require property tax escrow accounts for loans with less than 20% down payment. Your lender collects monthly escrow payments along with your mortgage payment, typically 1/12th of your annual property tax bill. The lender then pays your property taxes directly to Morgan County when they become due on February 28th (first half) and June 15th (second half).

Lenders typically collect escrow payments based on the previous year's tax bill plus a small cushion. When tax bills change, your monthly escrow payment will be adjusted during the annual escrow analysis. If you pay taxes independently without escrow, mark June 15th on your calendar as the Morgan County Treasurer does not send second-half notices to conserve tax dollars. You can verify your tax payments and escrow status through the Morgan County Treasurer's website or by contacting their office directly.

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Section 6

Frequently Asked Questions

Q: When are property taxes due in Morgan County for tax year 2025? A: First half taxes are due February 28, 2026, and second half taxes are due June 15, 2026. If due dates fall on weekends or holidays, payment is due the next business day.

Q: What tax credits are available and do I need to apply? A: Colorado offers tax credits for senior citizens (age 65+), qualifying disabled veterans, and Gold Star spouses. These credits reduce your tax bill and require separate applications - they are not automatic. Contact the Morgan County Assessor's office for applications and deadlines.

Q: How does the Homestead Exemption work? A: Colorado's Homestead Exemption limits the annual increase in your home's assessed value to protect against rapid property value increases. This caps assessment growth rather than reducing market value, and you must file an application to receive this protection.

Q: How often are properties reassessed in Morgan County? A: Colorado law requires property reassessment every two years. Residential properties are reassessed in even-numbered years, while commercial properties are reassessed annually.

Q: What happens if I pay my property taxes late? A: Late payments incur interest charges and penalties. Contact the Morgan County Treasurer's office for specific penalty rates and payment options if you cannot meet the deadline.

Q: Can I pay property taxes online? A: Yes, Morgan County has partnered with Escrowtaxes.com to provide online property tax payment options for homeowners not using mortgage escrow accounts.

Q: How do special districts affect my tax bill? A: Your property may be served by multiple special districts (fire, library, parks, etc.), each with its own mill levy. Your total tax rate is the sum of all applicable district rates, which is why rates vary significantly by location within Morgan County.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed with the Morgan County Board of Equalization during the protest period, typically in May and June. Contact the Morgan County Assessor's office for appeal forms and deadlines.

Verified Sources

Backed by 10 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
County
Abstract of Assessment - Morgan County, Coloradomorgancounty.colorado.gov
02
Tax Doc
Property Tax FAQsmorgancounty.colorado.gov
03
County
MORGAN COUNTY 2025 PROPOSED BUDGET FORT ...morgancounty.colorado.gov
04
Tax Doc
Property Tax Calendarmorgancounty.colorado.gov
05
County
Home | Morgan County Where Prairie Meets the Skymorgancounty.colorado.gov
06
County
RFP 2025-0814-001 Property Tax Notices Bid - Morgan Countymorgancounty.colorado.gov
07
Treasurer Newsmorgancounty.colorado.gov
08
general fundmorgancounty.colorado.gov
09
Annual Comprehensive Financial Report For the fiscal year ...morgancounty.colorado.gov
10
County
MORGAN COUNTY 2023 BUDGET FORT ...morgancounty.colorado.gov
All sources verified as of 2025 Tax Year

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