Ordinances calling elections as well as those certifying election
results for the imposition of sales and use taxes are on file in the
office of the city secretary. (Editorially supplied)
(Ordinance 11-12 adopted 12/5/11)
(a) Beginning
prior to tax year 2012, and continuing thereafter until further action
is taken by the town council, “goods in transit,” as defined
by the Texas Tax Code, Section 11.253, shall be subject to ad valorem
property taxation by the town and shall not be exempt therefrom.
(b) The town
does hereby determine that goods in transit, as defined herein, which
are not otherwise exempt under state law, will be subject to ad valorem
taxation to the fullest extent allowed by law in conformity with Senate
Bill 1 as enacted by the 82nd Texas Legislature in its regular session.
(Ordinance 11-12 adopted 12/5/11)
There is hereby created and established a tax limitation on
the amount of property taxes imposed by the town on the residence
homesteads of disabled individuals and individuals aged sixty-five
or older in accordance with and pursuant to §11.261 of the Tax
Code. The tax limitation shall become effective beginning in the 2022
tax year and shall remain in effect for each successive tax year until
otherwise amended or repealed. The total amount of ad valorem taxes
imposed on the residence homestead of a person who qualifies the residence
homestead for the exemption in accordance with the Tax Code as that
of a person who is disabled or is sixty-five years of age or older
shall not be increased while it remains the residence homestead of
that person or that person’s spouse who is disabled or sixty-five
years of age or older, except as may otherwise be allowed by law.
(Ordinance 22-02 adopted 5/16/22)
(a) Pursuant
to Texas Tax Code, sec. 11.13(n), the amount of one percent (1%) of
the assessed value of a residence homestead shall be exempt from ad
valorem taxes assessed and imposed by the town if the owner of the
residence homestead, or one of the spouses if the residence homestead
is owned by a married couple, files an exemption application with
the county appraisal district in accordance with the Texas Tax Code
and is determined by the district to qualify for this exemption. If
the percentage set forth herein results in an exemption of less than
$5,000.00 when applied to the particular residence homestead of a
qualifying taxpayer, the qualifying taxpayer shall nevertheless be
entitled to an exemption of $5,000.00 from the appraised value of
the residence homestead.
(b) The residence
homestead exemption provided for herein shall be in addition to, and
not in lieu of, any other ad valorem tax exemptions allowed by law
for residence homesteads.
(c) Any person
who makes a false affidavit in claiming a residence homestead exemption
provided by this section and who was determined to be qualified for
said exemption based on the false information shall be subject to
all penalties, interest, and attorney fees that may accrue for the
failure to timely pay ad valorem taxes to the town pursuant to the
Texas Tax Code, in addition to other applicable criminal and civil
penalties.
(d) For purposes
of this section, "residence homestead" shall have the meaning set
forth in Texas Tax Code sec. 11.13(j)(1), as amended.
(e) The homestead
exemption provided for herein shall be available to qualified taxpayers
commencing in tax year 2023 for taxes assessed and imposed in that
year and all tax subsequent years until and unless this exemption
is decreased, increased or repealed.
(Ordinance 23-02 adopted 4/3/2023)