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.
(c) 
Notwithstanding subsections (a) and (b), taxes on the residence homestead may be increased to the extent the value of the homestead is increased by improvements other than repairs and other than improvements made to comply with governmental requirements.
(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)