1984T6- VALOREM PROPERTY TAX EXEMPTION
ORDINANCE NO. '8 Jf - T -(..
AN ORDINANCE
BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS
AUTHORIZING CERTAIN PERSONS '4HO ARE SIXTY-FIVE (65)
YEARS OF AGE OR OLDER TO BE ENTITLED TO AN AD VALOR-
EM PROPERTY TAX EXEMPTION ON THEIR PROPERTY LOCATED
IN THE CITY OF SCHERTZ, TEXAS, AS AUTHORIZED BY
ARTICLE VIII, SECTION I-b(b) OF THE TEXAS CONSTITU-
TION.
WHEREAS, the City Council of the City of Schertz, Texas,
finds a need to offer to those property owners who are sixty-five
(65) years of age or older an ad valorem property tax exemption.
NO\4 THEREFORE,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS:
I
The property tax exemption for persons sixty-five years of
age or older will be in the amount not to exceed $10,000.00 to be
applied to the market value of the residence homestead owned by the
applicant and located in the City of Schertz.
II
This exemption is not authorized to be used in conjunction
with a Social Security disability exemption within the same year, the
applicant must select the exemption desired.
III
Applications may be submitted at any time and must be
accompanied by a copy of supporting document verifying age. The
application must be filed no later than March 30 of the year the ex-
emption is to take affect. The property owner must have been sixty-
five (65) years of age on January 1 for the application to be honored
for that particular tax year. Incomplete and illegible applications
will be returned to the applicant.
IV
In the case of dual ownership of property, only one exemp-
tion will be granted to whichever property owner attains the age of
sixty-five first. Once granted, this exemption will remain in force
for the life of the property owner and need not be renewed yearly,
except on a change of policy by the Guadalupe County Appraisal District.
APPROVED ON FIRST RE.I\DING this the ?rt day of f..J~, , 1'J~l{ .
PASSED, APPROVED AND ADOPTED this the d-I---!dayof
19~.
.I\TTEST:
C,ty of Schertz
(SEAL OF CITY)
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the number of days between the date the first tax bills were sent and the date
the corrected tax bills were sent.
(g) If a property owner pays taxes calculated using the higher tax rate
when the rate is reduced by an election called under this section, the taxing
unit shall refund the difference between the amount of taxes paid and the
amount due under the reduced rate.
Section II:
Property Exempt From Taxation
Art. VIII, Sec. 1-b, Constitution. Residence homestead
exemption
(a) Three Thousand Dollars ($3,000) of the assessed
taxable value of all residence homesteads of married or unmarried
adults, male or female, including those living alone, shall be exempt
from all taxation for all State purposes.
(b) From and after January " 1973, the governing body of any
county, city, town, school district, or other political subdivision of the
State may exempt by its own action not less than Three Thousand
Dollars ($3,000) of the market value of residence homesteads of
persons, married or unmarried, including those living alone, who are
under a disability for purposes of payment of disability insurance
benefits under Federal Old-Age, Survivors, and Disability Insurance or
its successor or of married or unmarried persons sixty-five (65) years
of age or older, including those living alone, from. all ad valorem taxes
thereafter levied by the political subdivision. As an alternative, upon
receipt of a petition signed by twenty percent (20%) of the voters who
voted in the last preceding election held by the political subdivision,
the governing body of the subdivision shall call an election to
determine by majority vote whether an amount not less than Three
Thousand Dollars ($3,000) as provided in the petition, of the market
value of residence homesteads of disabled persons or of persons
sixty-five (65) years of age or over shall be exempt from ad valorem
taxes thereafter levied by the political subdivision. An eligible disabled
person who is sixty-five (6~) years of aQe org!(;t~UTIaY~nl)t receive both-.
'sxemptions fr!>rn th~sarn."political sUt>divisi'2!LiD~.!he s~m~ Ye"r but.
may choose either if the subdivision has adopted both. Where any ad
valors'", tax has theretofore been pledged for the payment of any debt,
the taxing officers of the political subdivision shall have authority to
continue to levy and collect the tax against the homestead property at
the same rate as the tax so pledged until the debt Is discharged, if the
cessation of the levy would impair the obligation of the contract by
which the debt was created. An exemption adopted under this
subsection based on assessed value is increased, effective January 1,
1979, to an amount that, when converted to market value, provides the I
same reduction in taxes, except that the market value exemption shall '-
be rounded to the nearest $100.
(c) Five Thousand Dollars ($5,000) of the market value of the
residence homestead of a married or unmarried adult, including one
256
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November 30, 1983
MEMO FOR RECORD
TO: Jimmy G. Gilmore, City ~lanager
SUBJECT: Increased Homestead Exemption for Property,
owners over 65 year of age
FACTS: Exemption is $3,000.00 off of assessed value for property owners who
are over 65 years of age. 'Exemption is worth a $12.60 saving in taxes.
1983
1982
1981
Eligibles =
El igibles
Eligibles =
190 Property Owners
181 Property Owners
161 Property Owners
1983: 190 x $3,000.00 = $570,000.00
$570,000.00 Assessed Value
$2,394.00 in Taxes
PROPOSED: Calculations based on 200 eligibles (10 more than 1983) for 1984,
tax rate used is 42~ (1983).
A. $5,000.00 Exemption
$21.00 value to property owner
$1,000,000.00 Assessed Value
$4,200.00 Taxes
B. $7,000.00 Exemption
$29.40 value to property owner
$1,400,000.00 Assessed Value
$5,880.00 Value in Taxes
C. $10,000.00 Exemption
$42.00 value to property owner
$2,000,000.00 Assessed Value
$8,400.00 Value in Taxes
D. $15,000.00 Exemption
$63.00 value to property owner
$12,600.00 in Taxes
E. $20,000.00 Exemption
$84.00 value to property owner
$16,800.00 in Taxes
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t1H10 FOR RECORD, tlr. Gilmore, Dated: 11-30-83, Page 2
CONCLUSIONS:
Largest concentration for over 65 Property Owners is in Aviation Heights
(72 Eligibles in 1983).
Average Property Value in Aviation Heights is $28,078.00 with an average
of $118.00 paid in taxes.
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Tom Dovey
Tax Assessor