Terms Used In Texas Special District Local Laws Code 21.402

The board may provide for the payment of the principal of and interest on the bonds:
(1) from the imposition of property taxes on all taxable property in the district;
(2) by pledging all or part of the designated revenue from the ownership or operation of the district’s works, improvements, and facilities; or
(3) from a combination of the sources listed by Subdivisions (1) and (2).