There is hereby established the authority to levy and collect
an annual ad valorem (property) tax of not exceeding one and one-half
percent (1-1/2%) on the one hundred dollar ($100.00) valuation of
taxable property within the city.
(2000 Code, sec. 1.301(a))
The city hereby authorizes participation in the Hill County
Appraisal District. The appraisal district shall be authorized to
perform all appraisal, assessment and collection functions required
under the Texas Property Tax Code.
(2000 Code, sec. 1.301(b))
The property taxes levied by the city each year shall become
due on the first (1st) day of October of each year for which the levy
is made and shall become delinquent on the following first (1st) day
of February. Penalties and interest for delinquent taxes shall incur
in accordance with section 33.01 of the Texas Property Tax Code.
(2000 Code, sec. 1.301(c))
Whenever any accounts for delinquent taxes owed the city are
given to its tax attorney for collection, on or after July 1 of the
year they become delinquent, the tax attorney representing the city
shall be entitled to, and shall collect, an additional penalty of
fifteen percent (15%) of the delinquent taxes and penalty (including
any interest owed) due on each delinquent property at the time of
collection, either before or after suit and/or foreclosure sale as
provided by section 33.07 of the Texas Property [Tax Code.]
(2000 Code, sec. 1.301(d))
Taxpayers shall be granted a discount on their ad valorem tax
bill for that tax year whenever early payments are received. The discount
shall be made according to the following schedule:
|
Payment Received
|
Amount of Discount
|
|---|---|
|
October
|
3.0%
|
|
November
|
2.0%
|
|
December
|
1.0%
|
|
January
|
0.0%
|
(2000 Code, sec. 1.301(e))
(a)
The city council of the city does hereby establish an ad valorem
tax limitation on residence homesteads of those ages 65 or over and
their spouses, in accordance with article VIII, section 1-b, of the
Texas Constitution and section 11.261 of the Texas Tax Code.
(b)
Effective with tax year 2012, the total amount of ad valorem taxes
imposed on a qualified residence homestead shall not be increased
from the tax ceiling of the tax levy for 2012 for those persons who
are sixty-five years of age or older in 2012, while it remains the
residence homestead of that person or that person’s spouse who
is sixty-five years of age or older.
(c)
For persons who become sixty-five years of age after 2012, the tax
ceiling will be the tax levy of the first tax year in which the person
qualifies a residence for the exemption.
(d)
If the person who is sixty-five 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 fifty-give years
of age or older at the time of the person’s death, subject to
any exceptions provided by law.
(f)
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
tax limitation explained herein, the provisions of the Texas Constitution
and the Texas Tax Code shall prevail.
(Ordinance 051711-02 adopted 5/17/11)
