Water Code § 61.236 — United States — Texas law | Esheria

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
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bond repayment district maintenance tax levy

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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