Pursuant to the Texas Property Tax Code, an adult who is disabled or is 65 years or older is entitled to an exemption from taxation by the town of $60,000.00 of the appraised value of his residential homestead. Disabled means that an adult suffers a disability for purposes of payment of disability insurance under the Federal Old Age Survivors or Disability Insurance Act.
(Ordinance 2008-9-16B adopted 9/16/08)