Texas Special District Local Laws Code 1085.252 – Tax Rate
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(a) The board may impose the tax at a rate not to exceed the lesser of:
(1) the maximum tax rate approved by district voters; or
(2) 75 cents on each $100 valuation of all taxable property in the district.
(b) In setting the tax rate, the board shall consider the income of the district from sources other than taxation.
Terms Used In Texas Special District Local Laws Code 1085.252
- Property: means real and personal property. See Texas Government Code 311.005