(a) The board shall impose a tax on all taxable property in the district subject to district taxation.
(b) The board shall impose the tax to pay:
(1) indebtedness issued or assumed by the district; and
(2) the maintenance and operating expenses of the district.

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Texas Special District Local Laws Code 1069.301