HomeMy WebLinkAboutOrdinance 26305-06-2023ORDINANCE NO.26305-06-2023
AN ORDINANCE INCREASING THE RESIDENTIAL HOMESTEAD
EXEMPTION FROM AD VALOREM TAXES FOR ELDERLY AND
DISABLED PERSONS; PROVIDING A SEVERABILITY CLAUSE; AND
DECLARING AN EFFECTIVE DATE
WHEREAS, Article 8, Section 1-b of the Constitution of the State of Texas permits a
city to exempt by its own action not less than $3,000 of the market value of residence homestead
of elderly and disabled persons;
WHEREAS, Texas Tax Code Section 11.13 provides that an individual who is 65 or
older ("Elderly") or under a disability for purposes of payment of disability insurance benefits
under Federal Old -Age, Survivors, and Disability Insurance ("Disabled") is entitled to an
exemption from taxation by a taxing unit and that the governing body authorizing the exemption
must approve an exemption greater than $3,000, however, there is not a maximum exemption
amount for Elderly and Disabled persons;
WHEREAS, City of Fort Worth Ordinance No. 9206 set the value of an exemption for
Elderly persons at $40,000 on the assessed valuation of a residence;
WHEREAS, City of Fort Worth Ordinance No. 10833 set the value of an exemption for
Disabled persons at $40,000 on the assessed valuation of a residence; and
WHEREAS, it is now the desire of the Fort Worth City Council to increase the
residential homestead exemption for both Elderly and Disabled persons.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS:
SECTION 1. There is hereby exempted the sum of Sixty Thousand Dollars and 00/100
($60,000.00) of the market value of residence homesteads of Elderly persons from all ad valorem
taxes hereafter levied by the City of Fort Worth.
SECTION 2. There is hereby exempted the sum of Sixty Thousand Dollars and 00/100
($60,000.00) of the market value of residence homesteads of Disabled persons from all ad
valorem taxes hereafter levied by the City of Fort Worth. The term "Disabled" shall have that
meaning given in Section 11.13 of the Texas Tax Code or any successor statute.
SECTION 3. An eligible Disabled person who is sixty (65) years of age or older may not
receive both a Disabled and an Elderly residence homestead exemption but may choose either.
SECTION 4. Should any part, portion, section, or part of a section of this ordinance be
declared invalid or inoperative or void for any reason by a court of competent jurisdiction, such
decision, opinion, or judgment shall in no way affect the remaining portions, parts, sections, or
parts of sections of this ordinance, which provision shall be, remain, and continue to be in full
force and effect.
SECTION 5. This ordinance shall take effect upon its passage and will apply to the ad
valorem tax levies commencing with the year 2023.
APPROVED AS TO FORM AND
LEGALITY:
FW 3-61-1-
John B. Strong
Senior Assistant City Attorney
ADOPTED AND EFFECTIVE: June 27, 2023
CITY SECRETARY
Jannette S. Goodall
City Secretary
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