Special District Local Laws Code § 1076.202

When general obligation bonds are issued, the board must impose an ad valorem tax at a rate enough to fund bond principal and interest, and the district’s combined annual ad valorem tax under this section cannot exceed 75 cents per $100 of taxable property.

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Jurisdiction: United States — Texas
Instrument: Code
Version: Undated source snapshot
Language: en
Official source: View official record ↗

bond financing property tax

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Special District Local Laws Code § 1076.202

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