The levying, collection and general administration of real and
personal property taxation shall be done in accordance with title
1 of the Tax Code of the state.
(2005 Code, sec. 3.1.01)
Appraisal of property for ad valorem tax purposes of the city
shall be performed by the Tarrant Appraisal District in accordance
with the Tax Code of the state.
(2005 Code, sec. 3.1.02)
The city council shall by ordinance levy the tax on the property
shown on the approved tax rolls for each year. Such ordinance shall
specify the rates of taxation, not to exceed the limits set forth
by law, for the purpose of paying interest, maintaining the sinking
fund for indebtedness, paying current general expenses and making
permanent improvements, and shall contain such other provisions as
may be required by law.
(2005 Code, sec. 3.1.05)
All of the provisions of the Tax Code of the state are made
available insofar as the same may be applicable and necessary to the
city, and the city shall have the benefit of all liens and remedies
for the security and collection of taxes due it as is provided in
said code in the case of taxes due the state and county.
(2005 Code, sec. 3.1.06.1)