Sec. 3854.203. MAINTENANCE AND OPERATION TAX. (a) If authorized at an election held in accordance with Section 3854.202, the district may impose an annual ad valorem tax on taxable property in the district for:
(1) the maintenance, operation, and upkeep of the district and the improvements constructed or acquired by the district; and
(2) the provision of services to industrial and commercial businesses and residents and property owners.
(b) The board shall determine the tax rate.
Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.02, eff. April 1, 2011.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3854 - Chambers County Improvement District No. 1
Subchapter E. Financial Provisions
Section 3854.201. Disbursements or Transfers of Money
Section 3854.202. Tax and Bond Elections
Section 3854.203. Maintenance and Operation Tax
Section 3854.204. Assessments; Liens for Assessments
Section 3854.205. Financing Improvement Projects or Services
Section 3854.207. Certain Residential Property Exempt