Special District Local Laws Code § 1057.202
A district tax must be set high enough to fund bond principal and interest, but the total annual ad valorem tax for the district cannot exceed 75 cents per $100 of taxable property value.
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- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Undated source snapshot
- Language
- en
- Official source
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Citation provenance: source:global:stored-legal-sources · schema StatuteEnrichmentPublicV1.
ad valorem tax bond repayment district finance
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Special District Local Laws Code § 1057.202
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