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beginning in the 2022 tax year and shall remain in effect for each successive tax year until otherwise amended or repealed.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 2% 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)(l), as amended.
(e)
The homestead exemption provided for herein shall be available to qualified taxpayers commencing in tax year 2025 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; Ordinance 25-02 adopted 2/18/2025)