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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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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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(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.