Sec. 3856.153. AD VALOREM TAX. (a) If authorized at an election held in accordance with Section 3856.152, the district may impose an annual ad valorem tax on taxable property in the district to:
(1) maintain and operate the district;
(2) construct or acquire improvements; or
(3) provide a service.
(b) The board shall determine the tax rate.
Added by Acts 2007, 80th Leg., R.S., Ch. 1128 (H.B. 4053), Sec. 1, eff. June 15, 2007.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3856 - Galveston Grand Beach Management District
Subchapter D. Financial Provisions
Section 3856.151. Disbursements and Transfers of Money
Section 3856.152. Tax and Bond Elections
Section 3856.153. Ad Valorem Tax
Section 3856.154. Assessments; Liens for Assessments
Section 3856.155. Petition Required for Financing Services and Improvements With Assessments
Section 3856.156. Utility Property Exempt From Impact Fees or Assessments
Section 3856.157. Bonds and Other Obligations
Section 3856.158. Municipality Not Required to Pay District Obligations