Sec. 1005.252. TAX RATE. (a) The board may impose an annual tax at a rate not to exceed the limit approved by the voters at the election authorizing the imposition of the tax.
(b) The tax rate on all taxable property in the district for all purposes may not exceed 75 cents on each $100 assessed value of the property according to the most recent certified tax appraisal roll of the district.
(c) In setting the tax rate, the board shall consider the income of the district from sources other than taxation.
Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.01, eff. April 1, 2007.
Section: Previous 1005.157 1005.158 1005.159 1005.160 1005.161 1005.201 1005.202 1005.203 1005.204 1005.205 1005.206 1005.207 1005.208 1005.251 1005.252Last modified: September 28, 2016