Tex.
Gov't Code Section 1331.002
Signatures
(b)
The municipality, through the issuance of bonds payable from taxes, may incur total bonded debt in an amount not to exceed 10 percent of the total appraised value of property listed on the most recent appraisal roll for the municipality notwithstanding that the municipal charter limits the total dollar amount of bonded debt to a lesser amount.
Source:
Section 1331.002 — Signatures, https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1331.htm#1331.002
(accessed Jun. 5, 2024).