(a) The board, by majority vote, may elect to have district taxes assessed and collected by a tax assessor-collector appointed by the board. An election under this subsection must be made by December 1 and governs the manner in which taxes are assessed and collected, until changed by a similar resolution.
(b) The district tax assessor-collector must reside in the district.
(c) The board shall set for the district tax assessor-collector:
(1) the term of employment; and
(2) compensation.