Sec. 1017.252. 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 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 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
Section: Previous 1017.157 1017.158 1017.159 1017.160 1017.161 1017.201 1017.202 1017.203 1017.204 1017.205 1017.206 1017.207 1017.208 1017.251 1017.252Last modified: September 28, 2016