Tex. Special District Local Laws Code § 1026.251
IMPOSITION OF AD VALOREM TAX
Texas · Texas Special District Local Laws Code · Status: effective
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- Citation
- Tex. Special District Local Laws Code § 1026.251, IMPOSITION OF AD VALOREM TAX, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/586245
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Full text
(a) The board shall impose a tax on all property in the district subject to district taxation.
(b) The board shall impose the tax to pay:
(1) indebtedness issued by the district; and
(2) the maintenance and operating expenses of the district.
(c) The district may not impose a tax to pay the principal of or interest on revenue bonds issued under this chapter.