- (a) On final approval of the annual budget, the board shall impose a tax on all property in the district subject to district taxation.
(b) The board shall impose the tax to:
- (1) pay the interest on and create a sinking fund for bonds issued by the district for hospital purposes; and
- (2) provide for the maintenance and operation of the district and hospital system.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.