There is hereby established the authority to levy and collect
an annual ad valorem (property) tax not exceeding one-and-one-half
percent (1-1/2%) on one hundred dollars ($100.00) valuation of taxable
property within the city. The tax rate shall be set annually by the
city council in an amount to fund the annual budget of the city.
(2001 Code, sec. 35.40)
The city hereby authorizes participation in the county central
appraisal district. The said appraisal district shall be authorized
to perform all appraisal and assessment functions required under the
State Property Tax Code. The city shall be responsible for the collection
of its municipal taxes unless other contractual arrangements are made.
(2001 Code, sec. 35.41)
The property taxes levied by the city each year shall become
due on the first day of October of each year for which the levy is
made and shall become delinquent on the following first day of February.
Penalties and interest for delinquent taxes shall be incurred in accordance
with section 33.01 of the Texas Property Tax Code.
(2001 Code, sec. 35.42)
To enforce the collection of delinquent taxes pursuant to section
6.30 of the Texas Property Tax Code, it is hereby provided, as authorized
in section 33.07 of the Texas Property Tax Code, that taxes that remain
delinquent on July 1 of the year in which they become delinquent shall
incur an additional penalty in the amount of fifteen percent (15%)
of the amount of taxes, penalty, and interest due, to defray the costs
of collection.
(2001 Code, sec. 35.43)
Commencing with tax year 2004 and subsequent years thereafter, a limitation on the total amount of taxes that may be imposed by the city on the residence homestead of an individual who is 65 years of age or older is established pursuant to section 1-b(h), article
VIII of the Texas Constitution and V.T.C.A., Tax Code, section 11.261.
(2001 Code, sec. 35.45)
All of the property described in the Texas Constitution, article
VIII, section 1.j., and commonly known as “freeport goods” shall be fully exempt from ad valorem taxation by the city, beginning on January 1, 2001. All previous actions by the city to tax freeport goods are hereby rescinded.
(2001 Code, sec. 35.44)
Beginning in tax year 2012, and continuing thereafter until
further action is taken by the city council, “goods in transit,”
as defined by the Texas Tax Code, section 11.253, shall be subject
to property taxation by the city.
(Ordinance 11-071 adopted 11/14/11)
In accordance with and as permitted by article 8, section 1-j
of the Texas Constitution and section 11.251(l) of the Texas Tax Code,
the city council hereby expands the freeport exemption by extending
the date by which freeport goods that are aircraft parts must be transported
outside the state from 175 days to 730 days after the date on which
those particular freeport goods were acquired in or imported into
the state.
(Ordinance 18-016 adopted 5/3/18)