(a) The district may impose a tax on all property in the district subject to district taxation.
(b) The tax may be used:
(1) to meet the requirements of district bonds; and
(2) for the district's maintenance and operating expenses.
IMPOSITION OF AD VALOREM TAX
Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff
(a) The district may impose a tax on all property in the district subject to district taxation.
(b) The tax may be used:
(1) to meet the requirements of district bonds; and
(2) for the district's maintenance and operating expenses.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.