(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.
Texas Legal Code