Texas Special District Local Laws Code 1100.301 – Imposition of Ad Valorem Tax
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(a) The board shall impose a tax on all taxable property in the district subject to district taxation.
(b) The board shall impose the tax to pay:
(1) the district’s indebtedness, including obligations created or assumed by the district; and
(2) the district’s maintenance and operating expenses.
Terms Used In Texas Special District Local Laws Code 1100.301
- Property: means real and personal property. See Texas Government Code 311.005