Sec. 1008.302. TAX RATE. (a) The board may impose the 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 valuation of all taxable property in 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 1008.207 1008.208 1008.209 1008.210 1008.211 1008.251 1008.252 1008.253 1008.254 1008.255 1008.256 1008.257 1008.258 1008.301 1008.302Last modified: September 28, 2016