Texas Special District Local Laws Code 1031.253 – Election to Increase Maximum Tax Rate
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Terms Used In Texas Special District Local Laws Code 1031.253
- Property: means real and personal property. See Texas Government Code 311.005
The board may call an election to increase the maximum tax rate of the district to a specified rate allowed by law on each $100 valuation of the taxable property in the district if the board determines that an increase is necessary to carry out the purposes for which the initial tax rate was authorized.