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Laredo Texas Form 5305-SIMPLE: What You Should Know

The new law requires the Laredo City Clerk's Office to create a database of all non-homeowner real estate interests, and the City Auditor to report the data at least annually.  In 2023 the City of Laredo made an estimated 33,350 in contributions for a total of 46,972 and contributions from all non-homeowner real estate interests totaled nearly 200,000.  The City of Laredo contributed substantially more to its general fund than it contributed under the old form 5304-SIMPLE. The largest contributions under 5304-SIMPLE were for the City of Laredo's Police and Fire Retirement Fund (13,300) and Fire and EMS Retirement Fund (11,800).

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