Tex. Spec. Dist. Local Laws Code Section 1067.202
Tax to Pay General Obligation Bonds


(a)

For general obligation bonds issued under Section 1067.201 (General Obligation Bonds), the board shall impose an ad valorem tax at a rate sufficient to create an interest and sinking fund and to pay the principal of and interest on the bonds as the bonds mature.

(b)

The tax required by this section together with any other ad valorem tax the district imposes may not in any year exceed the limit approved by the voters at the election authorizing the imposition of the tax.
Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.

Source: Section 1067.202 — Tax to Pay General Obligation Bonds, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­1067.­htm#1067.­202 (accessed Jun. 5, 2024).

1067.002
Authority for Creation
1067.003
Essential Public Function
1067.004
District Territory
1067.005
District Support and Maintenance Not State Obligation
1067.006
Restriction on State Financial Assistance
1067.051
Board Election
1067.052
Notice of Election
1067.053
Qualifications for Office
1067.054
Board Vacancy
1067.055
Officers
1067.056
Compensation
1067.057
Chief Executive Officer
1067.058
General Duties of Chief Executive Officer
1067.059
Appointment and Recruitment of Staff and Employees
1067.060
Personnel Contracts
1067.061
Retirement Benefits
1067.101
District Responsibility
1067.102
Restriction on Political Subdivision Taxation and Debt
1067.103
Management, Control, and Administration
1067.104
Hospital or Hospital System
1067.105
Rules
1067.106
Purchasing and Accounting Procedures
1067.107
District Property, Facilities, and Equipment
1067.108
Eminent Domain
1067.109
Gifts and Endowments
1067.110
Contracts with Governmental Entities for Care and Treatment
1067.111
Payment for Treatment
1067.112
Authority to Sue and Be Sued
1067.151
Budget
1067.152
Notice
1067.153
Amendments to Budget
1067.154
Fiscal Year
1067.155
Annual Audit
1067.156
Depository
1067.157
Authority to Borrow Money
1067.201
General Obligation Bonds
1067.202
Tax to Pay General Obligation Bonds
1067.203
General Obligation Bond Election
1067.204
Maturity of General Obligation Bonds
1067.205
Execution of General Obligation Bonds
1067.206
Revenue Bonds
1067.207
Refunding Bonds
1067.208
Bonds Exempt from Taxation
1067.209
Additional Means of Securing Repayment of Bonds
1067.210
Use of Bond Proceeds
1067.251
Imposition of Ad Valorem Tax
1067.252
Tax Rate
1067.253
Tax Assessor-collector
1067.301
Dissolution
1067.302
Notice of Election
1067.303
Ballot
1067.304
Election Results
1067.305
Transfer or Administration of Assets
1067.306
Sale or Transfer of Assets and Liabilities
1067.307
Imposition of Tax and Return of Surplus Taxes
1067.308
Report

Accessed:
Jun. 5, 2024

§ 1067.202’s source at texas​.gov