Texas Special District Local Laws Code Chapter 1113 > Subchapter F – Taxes
Current as of: 2024 | Check for updates
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Other versions
§ 1113.251 | Imposition of Ad Valorem Tax |
§ 1113.252 | Tax Rate |
§ 1113.253 | Election to Increase Maximum Tax Rate |
§ 1113.254 | Tax Assessor-Collector |
Terms Used In Texas Special District Local Laws Code Chapter 1113 > Subchapter F - Taxes
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Property: means real and personal property. See Texas Government Code 311.005
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- Year: means 12 consecutive months. See Texas Government Code 311.005