Sec. 1071.251. IMPOSITION OF AD VALOREM TAX  


Latest version.
  • (a) On final approval of the annual budget, the board shall impose a tax on all property in the district subject to district taxation.

    (b) The board shall impose the tax to:

    (1) pay the interest on and create a sinking fund for bonds issued or assumed by the district for hospital purposes;

    (2) provide for operation and maintenance of the hospital and hospital system;

    (3) make improvements and additions to the hospital system; and

    (4) acquire necessary sites for the hospital system by purchase, lease, or condemnation.

Added by Acts 2007, 80th Leg., R.S., Ch. 920 , Sec. 1.02, eff. April 1, 2009.