City of Beasley Phone: (979) 387-2775 319 South 3rd Street Fax: (979) 387-2423 P.O. Box 122 Email: saslsy@cipolbealeycen TY 8 Beasley, TX 77417 RESOLUTION NO. 2025-01 ARESOWUTION OF THE CITY COUNCIL OF7 THE CITY OF BEASLEY, TEXAS, CONCERNING TAX EXEMPTIONS FOR THE 2025 TAX YEAR. WHEREAS, the laws of the State of Texas provide, under certain circumstances, for the exemption of a portion of the value of residence homesteads from ad valorem taxation. WHEREAS, THE CITY COUNCIL OF THE CITY OF BEASLEY desires to implement the following residence homestead exemptions. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNÇIL OF THE CITY OF BEASLEY, TEXAS: The City Council hereby exempts from ad valorem taxation by the City for the 2025 tax year the amount of $3,000.00 of the appraised value of residence homesteads of individuals who are disabled or 65 years of age or older, as authorized by Section 11.13(d) of the Texas Tax Code, as amended. As set forth in Section 11.13(h) of the Texas Tax Code, no person may claim both exemptions but a person qualifying for both may choose the exemption to be applied to their residence homestead. Additionally,joirt, community, or successive owners of property may not each receive the same exemption for the same residence homestead in the same year, This resolution shall take effect and be in force immediately after its passage and approval. h PASSED AND APPROVED THIS DAY OF yy V - ruxy 2025. Kennéh Reid, Mayor ATTEST: w - Misty Tiemann, City Secretary