Texas Education Code - Section 41.157. Maintenance Tax
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§ 41.157. MAINTENANCE TAX. (a) The joint board shall
levy a maintenance tax for the benefit of the component school
districts not later than September 1 of each year or as soon
thereafter as practicable.
(b) Each component district shall bear a share of the costs
of assessing and collecting taxes in proportion to the component
district's share of weighted average daily attendance in the
consolidated taxing district.
(c) A component district may not levy an ad valorem tax for
the maintenance and operation of the schools.
(d) Notwithstanding Section 45.003, the consolidated taxing
district may levy, assess, and collect a maintenance tax for the
benefit of the component districts at a rate that exceeds $1.50 per
$100 valuation of taxable property to the extent necessary to pay
contracted obligations on the lease purchase of permanent
improvements to real property entered into on or before May 12,
1993. The proposition to impose taxes at the necessary rate must be
submitted to the voters in the manner provided by Section 45.003.
Added by Acts 1995, 74th Leg., ch. 260, § 1, eff. May 30, 1995.
Section: 41.125 41.151 41.152 41.153 41.154 41.155 41.156 41.157 41.158 41.159 41.160 41.201 41.202 41.203 41.204
Last modified: August 10, 2007
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