Texas Water Code 63.251 – Levy of Tax
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Terms Used In Texas Water Code 63.251
- Commission: means the board of navigation and canal commissioners. See Texas Water Code 63.001
- District: means a self-liquidating navigation district. See Texas Water Code 63.001
- Property: means real and personal property. See Texas Government Code 311.005
After bonds have been voted, the commission shall levy a tax on all taxable property in the district sufficient to pay principal of and interest on the bonds and shall annually levy and have assessed and collected on the taxable property of the district an amount sufficient to pay for the expense of assessing and collecting the taxes.