Water Code § 61.236
After bonds are approved, the commissioners court must levy and collect taxes to pay bond interest and build a sinking fund, and it must also levy an annual maintenance tax within a 10-cent-per-$100 valuation limit. The commission sets and certifies the rate within that limit, and taxes apply to all property inside the
- Jurisdiction
- United States — Texas
- Instrument
- Code
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
Statute overview
About this statute
After bonds are approved, the commissioners court must levy and collect taxes to pay bond interest and build a sinking fund, and it must also levy an annual maintenance tax within a 10-cent-per-$100 valuation limit. The commission sets and certifies the rate within that limit, and taxes apply to all property inside the district.
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Water Code § 61.236
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