Penalties and interest for delinquent taxes shall be incurred
in accordance with V.T.C.A., Tax Code § 33.01.
[Code 1984, ch. 1, § 2(C)]
The city adopts the provision of the V.T.C.A., Tax Code §
33.07 so that hereafter an additional penalty of 15 percent of the
delinquent tax, penalty, and interest on delinquent taxes be imposed
on taxes becoming delinquent.
[Code 1984, ch. 1, § 2(D)]
The property defined in Section 1-j of Article VIII of the Texas
Constitution, also known as freeport goods, shall be exempt from city
ad valorem taxation beginning with tax year 2000.
[Code 1984, ch. 1, § 2(F); Ord. No. 860-99, § II, 5-11-1999]
Goods in transit, as defined by V.T.C.A., Tax Code § 11.253,
which are not exempt from taxation under other law, shall be subject
to ad valorem taxation for tax year 2012, and for every year thereafter
and shall not be exempt from taxation as provided by, and in accordance
with, V.T.C.A., Tax Code § 11.253.
[Ord. No. 1218-11, § 2, 12-13-2011]
From and after January 1, 2004, $30,000.00 of the assessed value
of residence homesteads, as defined by law, of persons who have attained
the age of 65 years on or before January 1st of the year for which
the exemption is claimed shall be exempt from city ad valorem taxes.
[Code 1984, ch. 1, § 2(E); Ord. No. 998-04 adopted 9/28/2004]
