The provisions of V.T.C.A., Tax Code § 33.07, are hereby
adopted whereby an additional penalty of 15 percent of the amount
of delinquent taxes, and penalty and interest on delinquent taxes
that become delinquent and remain unpaid on July 1, be imposed and
collected on taxes becoming delinquent after January 1, 1982.
(Code 1974, § 5-01; Ordinance 1095, § 7, 9-22-92)
In addition to the penalty currently provided by law and ordinances
of the city, there is additionally imposed, levied and assessed on
all unpaid ad valorem taxes due the city from and after January 31
of the year following the levy and assessment of such taxes, interest
at the rate of one percent for each month or any part thereof that
such delinquent taxes shall remain unpaid. The interest rate provided
in this section shall apply to all ad valorem taxes of the city delinquent
and unpaid from and after January 31, 1982, and unpaid from and after
the effective date of this section.
(Ordinance 1038, §§ I,
II, 11-13-90; Ordinance
1095, § 5, 9-22-92)
The provisions of V.T.C.A., Tax Code § 33.08 are hereby
adopted whereby an additional penalty be imposed, not to exceed 15
percent of the tax, regular penalty and interest, on delinquent taxes
that become delinquent and remain unpaid on or after June 1 of the
year in which they become delinquent.
That all 1998 taxes and taxes for all subsequent years which
become delinquent on or after June 1 of the year in which they become
delinquent shall, in order to defray costs of collection, incur an
additional penalty of 15 percent of the tax, regular penalty and interest.
(Ordinance 1393, § 1, 11-9-99)
There shall be exempted from the valuation of all residential
homesteads, for which proper application shall have been made, an
amount equal to 20 percent of the appraised value of such residential
homestead, though in no event less than $5,000.00 of the appraised
value of such residential homestead. The exemption shall be granted
to any of such residential homesteads qualifying for such exemption,
as provided by law.
(Code 1974, § 5-6; Ordinance 1095, § 3, 9-22-92)
From and after January 1, 2002, and upon compliance with the
requirements set forth in this division, there shall be exempted the
sum of $35,000.00 of the assessed value of residence homesteads of
residents of the city who are 65 years of age or older, from all ad
valorem taxes thereafter levied by the city.
(Code 1974, § 5-1; Ordinance 1044, § I, 1-22-91; Ordinance 1095, § 4, 9-22-92; Ordinance 1542, § 1, 8-13-02)
To be eligible for the homestead exemption from ad valorem taxes
levied by the city, the person seeking such exemption shall make application
on forms prescribed by and pursuant to state law.
(Code 1974, § 5-2)
(a)
Effective
with tax year 2004, the total amount of ad valorem taxes imposed on
the residence homestead of a person who is disabled or is 65 years
of age or older shall not be increased while it remains the residence
homestead of that person or that person’s spouse who is disabled
or 65 years of age or older.
(b)
If the
person who is disabled or is 65 years of age or older dies in a year
in which the person received a residence homestead exemption, the
total amount of ad valorem taxes imposed on the residence homestead
shall not be increased while it remains the residence homestead of
that person’s surviving spouse if the spouse is 55 years of
age or older at the time of the person’s death, subject to any
exceptions provided by general law.
(d)
“Disabled”
means under a disability for purposes of payment of disability insurance
benefits under Federal Old-Age, Survivors, and Disability Insurance.
(e)
In the
event of a conflict between Article VIII, Section 1-b of the Texas
Constitution and Section 11.261 of the Texas Tax Code with the general
explanation of the tax limitation explained herein, the provisions
of the Texas Constitution and the Texas Tax Code shall prevail.
(Ordinance 1619, § 2, 1-13-04)
