(A) The City of Tool hereby grants a local option general homestead exemption for all qualified homeowners with the following limitations:
(1) To qualified homeowners 65 years of age or older, a $10,000 exemption.
(2) To qualified homeowners a $5,000 general exemption.
(3) To qualified homeowners a disabled veteran exemption.
(B) To be eligible for the above exemptions, an application must be filed with the Henderson County Appraisal District Office in Athens, Texas prior to April 1 of the year that an exemption is desired.
(Ord. 2014-02T, passed 8-21-2014; Ord. 2018-02T, passed 9-20-2018; Ord. 2019-05T, passed 8-15-2019; Ord. 2020-06T, passed 9-10-2020; Ord. 2023-10T, passed 8-17-2023)