(a) 
The following schedule of discounts is in effect:
(1) 
3% if tax is paid in October.
(2) 
2% if tax is paid in November.
(3) 
1% if tax is paid in December.
(b) 
This schedule of discounts shall be in effect at and from the time of the adoption of this section and every year hereafter unless rescinded by action of the city council.
(2007 Code, sec. 11.02.001)
(a) 
An individual who is sixty-five (65) years of age or older is entitled to an exemption from ad valorem taxes levied by the city of $60,000.00 of the assessed value of the residence homestead beginning tax year 2020.
(b) 
If the person who is sixty-five (65) 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 fifty-five (55) years of age or older at the time of the person’s death.
(c) 
The provisions of section 11.13 of the Texas Tax Code applicable to exemptions shall govern the exemption granted in this section.
(Ordinance O-2020-002 adopted 3/19/20)
(a) 
An individual who is disabled is entitled to an exemption from ad valorem taxes levied by the city of $60,000.00 of the assessed taxable value of the residence homestead, as defined by law effective tax year 2020. Pursuant to Texas Tax Code section 11.13(h), an eligible disabled person who is 65 or older may not receive both a disabled and an elderly residence homestead exemption from the same taxing unit in the same year but may choose either.
(b) 
If the person who is disabled 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 fifty-five (55) years of age or older at the time of the person’s death.
(c) 
Notwithstanding subsections (a) and (b) ad valorem 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) 
The provisions of section 11.13 of the Texas Tax Code applicable to exemptions shall govern the exemption granted in this section.
(Ordinance O-2020-007 adopted 4/2/20)
(a) 
Definitions.
Disabled.
Has the same meaning as set forth in the Texas Tax Code section 11.13(m)(1l) as it currently exists or may be amended.
Residence homestead.
Has the same meaning as set forth in the Texas Tax Code section 11.13(j)(1) as it currently exists or may be amended.
Tax ceiling.
The limitation of increases on the total amount of ad valorem taxes imposed by the city on residential homesteads for individuals age sixty-five (65) years or older or disabled individuals and surviving spouses aged fifty-five (55) years or older, beginning with tax year 2020.
Tax code.
The Texas Tax Code, as it currently exists or may be amended.
(b) 
A tax ceiling on the amount of property taxes is imposed by the city on the residence homesteads of individuals age sixty-five (65) years or older or disabled individuals and surviving spouses aged fifty-five (55) years or older, which shall be governed by section 11.261 of the Tax Code, as may be amended, as follows:
(1) 
The tax ceiling shall become effective beginning with the 2020 tax year and shall remain effective for each successive tax year until otherwise amended or repealed by the city council, referendum or judicial decision.
(2) 
The total amount of ad valorem taxes imposed on the residence homesteads of a person who qualified that residence homestead for the exemption in accordance with the tax code as that of a person who is sixty-five (65) years of age or older or is disabled or shall not be increased while it remains the residence homestead of that person or that person’s surviving spouse who is fifty-five (55) years of age or older.
(3) 
If the person who is sixty-five (65) years of age or older or disabled or 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:
(A) 
The surviving spouse is fifty-five (55) years of age or older at the time of the person’s death;
(B) 
The residence homestead of the deceased person is also the residence homestead of the surviving spouse on the date of the person’s death; and
(C) 
The residence homestead remains the residence homestead of the surviving spouse.
(4) 
Notwithstanding anything contained herein, ad valorem 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.
(5) 
A person may not receive the tax ceiling for more than one residence homestead, no matter where located, in the same year. A person may designate a new residence homestead within the city in accordance with the tax code.
(c) 
The limitation on taxes provided by this section may expire in accordance with section 11.261(d) the Texas Tax Code. If a tax limitation is erroneously allowed, back taxes may be assessed in accordance with section 11.261(e) of the tax code.
(Ordinance O-2020-006 adopted 4/2/20)