Sec. 3837.153. AD VALOREM TAX. (a) If authorized at an election held in accordance with Section 3837.157, 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;
(2) construct or acquire improvements, sites, or appurtenances; or
(3) provide a service.
(b) The board shall determine the tax rate.
Added by Acts 2005, 79th Leg., Ch. 438 (S.B. 1806), Sec. 1, eff. June 17, 2005.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3837 - West Ranch Management District
Subchapter D. Financial Provisions
Section 3837.151. Disbursements and Transfers of Money
Section 3837.152. Petition Required for Financing Services and Improvements With Assessments
Section 3837.153. Ad Valorem Tax
Section 3837.154. Utility Property Exempt From Impact Fees and Assessments
Section 3837.155. Bonds and Other Obligations; Approval by City of Friendswood
Section 3837.156. Taxes for Bonds and Other Obligations
Section 3837.157. Tax and Bond Elections
Section 3837.158. Cities Not Required to Pay District Obligations