Goods-in-transit, as defined under Texas Tax Code section 11.253(a)(2), as amended by Senate Bill 1, enacted by the 82nd Texas Legislature in its First Called Session, shall remain subject to taxation by the city.
(Ordinance 560-2011 adopted 10/11/11; 2008 Code, pt. II, art. 57, sec. 1)
(a) 
Homestead exemption granted. Upon compliance with all requirements of this section and all other applicable laws and resolutions, 3% of the assessed value of residence homestead of an individual shall be exempt from ad valorem taxes levied by the city. If the percentage set herein produces an exemption in a tax year of less than five thousand dollars ($5,000.00) when applied to a particular residence homestead, the individual is entitled to an exemption of five thousand dollars ($5,000.00) of appraised value.
(b) 
Effective date; duration. The exemption granted by this section shall be effective as to such residence homesteads as may qualify hereunder commencing with the 2023 tax year. The exemption shall remain in effect from year-to-year unless and until it is repealed by ordinance adopted by the city council.
(c) 
Limitations of exemption. The exemption authorized hereby shall extend only to a residential homestead as same may be defined by the laws of the state. Such exemptions shall be allowed only if the property in question is in fact a residential homestead of the individual during the tax year and the individual has otherwise complied with all applicable laws and regulations.
(Ordinance 984-2022 adopted 6/28/2022; Ordinance 1050-2023-06 adopted 6/13/2023)
(a) 
Age 65 or older or disabled homestead exemption granted.
Upon compliance with all requirements of this section and all other applicable laws and resolutions, thirty thousand dollars ($30,000) of the assessed value of residence homestead of persons age 65 or older or disabled shall be exempt from ad valorem taxes levied by the city.
(b) 
Effective date; duration.
The exemption granted by this section shall be effective as to such residence homesteads as may qualify hereunder commencing with the 2023 tax year. The exemption shall remain in effect from year-to-year unless and until it is repealed by ordinance adopted by the city council.
(c) 
Limitations of exemption.
The exemption authorized hereby shall extend only to a residential homestead as same may be defined by the laws of the state. "Disabled" has the same meaning as set forth in the Texas Tax Code section 11.13(d), as it currently exists or may be amended. Such exemptions shall be allowed only if the property in question is in fact a residential homestead of the individual during the tax year and the individual has otherwise complied with all applicable laws and regulations.
(Ordinance 1050-2023-06 adopted 6/13/2023)