Sec. 1090.251. IMPOSITION OF AD VALOREM TAX

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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 board may not impose a tax to pay the principal of or interest on revenue bonds issued under this chapter.

Added by Acts 2009, 81st Leg., R.S., Ch. 1139 , Sec. 1.01, eff. April 1, 2011.

                    
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