§ 7.02. Power to tax.

Latest version.

The Council of the City shall have the power, and is hereby authorized to levy, assess and collect annual taxes not to exceed the maximum limits set by the Constitution and laws of the State of Texas as they now exist or as they may be amended, on each $100.00 assessed valuation of all property having a situs within the corporate limits of the City and not exempt from taxation by the Constitution and laws of the State of Texas.

(Ord. No. 2017-20, § 1(exh. A), 8-7-2017)

                    
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