Texas Statutes (Last Updated: January 4, 2014) |
SPECIAL DISTRICT LOCAL LAWS CODE |
Title 4. DEVELOPMENT AND IMPROVEMENT |
Subtitle C. DEVELOPMENT, IMPROVEMENT, AND MANAGEMENT |
Chapter 3866. KENNEDALE TOWNCENTER DEVELOPMENT DISTRICT |
Subchapter D. FINANCIAL PROVISIONS |
Sec. 3866.154. MAINTENANCE TAX
Latest version.
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(a) The district may impose an annual ad valorem tax on taxable property in the district for any district purpose, including to:
(1) maintain and operate the district, including improvements constructed or acquired by the district; or
(2) provide a service.
(b) The board shall determine the tax rate.
Added by Acts 2009, 81st Leg., R.S., Ch. 172 , Sec. 1, eff. May 27, 2009.