AD VALOREM TAX.
Tex. SPEC. DIST. LOCAL LAWS Code § 3838.204.
in effect(a) If authorized at an election held in accordance with Section 3838.208 , the district may impose an annual ad valorem tax on taxable property in the district to:
(1) promote economic development;
(2) maintain and operate the district;
(3) construct or acquire improvements; or
(4) provide a service.
(b) The board shall determine the tax rate.
(c) Section 54.601 , Water Code, applies to the district.
Added by Acts 2005, 79th Leg., Ch. 444 (S.B. 1813 ), Sec. 1, eff. June 17, 2005.