The due date and delinquency date for ad valorem taxes shall be as provided in section 5.05 of the charter.
(Ordinance adopting 2021 Code)
(a)
The city adopts the additional twenty percent (20%) penalty to defray
the costs of collection of delinquent taxes as authorized by sections
33.07 and 33.08, Texas Tax Code.
(b)
In addition to the collection expenses provided for in subsection (a) above, whenever a delinquent tax suit is filed, the taxing unit shall be entitled to recover reasonable expenses, subject to the approval of the court, that are incurred by the taxing unit in determining the name, identity, and location of necessary parties and in procuring necessary legal descriptions of the property on which a delinquent tax is due, as provided by section 33.48(a)(3) of the Texas Property Tax Code.
(1987 Code, ch. 1, sec. 4C; Ordinance 748 adopted 7/20/04; 2004 Code, sec. 11.103)
(a)
There is hereby created an exemption of the first $50,000.00 of the
assessed taxable value rendered by the county appraisal district of
all residence homesteads (for city tax purposes) belonging to a person
over the age of sixty-five (65) years.
(b)
In order to qualify for this exemption, each person holding legal
title to such residence homestead must be over sixty-five (65) years
prior to January 1st of the year the exemption is claimed.
(c)
In order to qualify for this exemption, each person holding legal
title to such residence homestead must register with Tarrant County
Appraisal District.
(d)
This exemption shall apply to natural persons and not to corporations,
partnerships, or associations.
(e)
This exemption shall be in full force and effect for and after taxable
year 2006.
(1987 Code, ch. 1, sec. 4D; Ordinance 839 adopted 8/8/06; 2004 Code, sec. 11.104)
The city chooses not to exempt leased vehicles and will assess
and levy ad valorem taxes on said vehicles as authorized by Texas
Tax Code, section 11.252.
(Ordinance 682 adopted 12/11/01; 2004 Code, art. 11.400)
