Texas Special District Local Laws Code 1074.251 – Imposition of Ad Valorem Tax
Current as of: 2024 | Check for updates
|
Other versions
(a) The board shall annually impose a tax to pay:
(1) indebtedness issued or assumed by the district; and
(2) district maintenance and operating expenses.
(b) The district may not impose a tax to pay the principal of or interest on revenue bonds issued under Section 1074.203.
