(a) The board may impose the tax at a rate not to exceed the lesser of:(1) the maximum tax rate approved by district voters; or(2) 75 cents on each $100 valuation of all taxable property in the district.(b) In setting the tax rate, the board shall consider the income of the district from sources other than taxation. Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.
Texas Legal Code