Sec. 9011.202. IMPOSITION OF AD VALOREM TAXES  


Latest version.
  • A tax imposed by the district must be an ad valorem tax, including a tax to:

    (1) pay off bonds for preliminary surveys and investigation or to provide funds for conducting preliminary surveys, if no construction bonds are to be issued; and

    (2) pay the principal and interest and other costs that may be paid from taxes.

Added by Acts 2007, 80th Leg., R.S., Ch. 920 , Sec. 1.12, eff. April 1, 2009.