Sec. 3827.153. MAINTENANCE AND OPERATION TAX. (a) The district may impose an annual ad valorem tax on taxable property in the district for any district purpose, including to:
(1) maintain and operate the district, including improvements constructed or acquired by the district; or
(2) provide a service.
(b) The board shall determine the tax rate.
Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.03, eff. April 1, 2007.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3827 - Katy Towne Centre Development District
Subchapter D. Financial Provisions
Section 3827.151. Authority to Impose Ad Valorem Taxes, Assessments, and Impact Fees
Section 3827.152. Tax and Bond Elections
Section 3827.153. Maintenance and Operation Tax
Section 3827.154. Assessments; Liens for Assessments
Section 3827.155. Petition Required for Financing Services and Improvements
Section 3827.156. Utility Property Exempt From Impact Fees and Assessments
Section 3827.157. Tax Increment Reinvestment Zone; Powers; Eligibility