Texas Special District Local Laws Code 1112.251 – Imposition of Ad Valorem Tax
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(a) The district may impose a tax on all property in the district subject to district taxation.
(b) The tax may be used to meet the requirements of:
(1) district bonds;
(2) indebtedness assumed by the district; and
(3) district maintenance and operating expenses.
Terms Used In Texas Special District Local Laws Code 1112.251
- Property: means real and personal property. See Texas Government Code 311.005