- (a) The district may impose a tax on all taxable property in the district subject to district taxation.
(b) The tax may be used to meet the requirements of:
- (1) district bonds;
- (2) indebtedness assumed by the district; and
- (3) district maintenance and operating expenses.
Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.