Tex.
Spec. Dist. Local Laws Code Section 8886.201
Tax and Bond Provisions
(a)
Except as otherwise provided by this chapter, the tax and bond provisions of Chapters 36 (Groundwater Conservation Districts) and 51 (Water Control and Improvement Districts), Water Code, apply to the district.(b)
On approval of the majority of the voters in an election called for that purpose, the district may impose an ad valorem tax to pay the principal of and interest on bonds and to maintain the district. The tax approved under this subsection may not exceed five cents on each $100 of assessed valuation.(c)
At a regular meeting of the board, if the board determines that the tax imposed under Subsection (b) is no longer sufficient for the purposes stated in that subsection, the board may call an election to be held to approve the imposition of an ad valorem tax in excess of the limitation provided by Subsection (b). If a majority of the voters approve the imposition of taxes in excess of the limitation provided by Subsection (b), the district may impose taxes in the amount approved by the voters at the election called and held under this subsection.
Source:
Section 8886.201 — Tax and Bond Provisions, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8886.htm#8886.201 (accessed Jun. 5, 2024).
