Texas Special District Local Laws Code 1120.252 – Tax Rate
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(a) The tax rate on all taxable property in the district for all purposes may not exceed 75 cents on each $100 valuation of the property according to the most recent certified tax appraisal roll of the district.
(b) In setting the tax rate, the board shall consider district income from sources other than taxation.
Terms Used In Texas Special District Local Laws Code 1120.252
- Appraisal: A determination of property value.
- Property: means real and personal property. See Texas Government Code 311.005