Sec. 3872.157. OPERATION AND MAINTENANCE TAX. (a) If authorized at an election held in accordance with Section 3872.161, the district may impose an operation and maintenance tax on taxable property in the district in accordance with Section 49.107, Water Code, for any district purpose, including 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. The rate may not exceed the rate approved at the election.
Added by Acts 2009, 81st Leg., R.S., Ch. 873 (S.B. 2511), Sec. 1, eff. June 19, 2009.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3872 - Chambers County Improvement District No. 2
Subchapter D. General Financial Provisions
Section 3872.151. Disbursements and Transfers of Money
Section 3872.152. Money Used for Improvements or Services
Section 3872.153. Petition Required for Financing Services and Improvements With Assessments
Section 3872.154. Method of Notice for Hearing
Section 3872.155. Assessments; Liens for Assessments
Section 3872.156. Utility Property Exempt From Impact Fees and Assessments
Section 3872.157. Operation and Maintenance Tax
Section 3872.158. Contract Taxes
Section 3872.159. Authority to Borrow Money and to Issue Bonds
Section 3872.160. Taxes for Bonds
Section 3872.161. Elections Regarding Taxes and Bonds