Sec. 3894.155. MAINTENANCE AND OPERATION TAX; ELECTION. (a) Except as provided by Section 3894.161, the district may impose a tax for maintenance and operation purposes, including for:
(1) planning, constructing, acquiring, maintaining, repairing, and operating all improvement projects, including land, plants, works, facilities, improvements, appliances, and equipment of the district; and
(2) paying costs of services, engineering and legal fees, and organization and administrative expenses.
(b) The district may not impose a maintenance and operation tax unless the maximum tax rate is approved by the governing body of the city and a majority of the district voters voting at an election held for that purpose. If the maximum tax rate is approved, the board may impose the tax at any rate that does not exceed the approved rate.
(c) A maintenance and operation tax election may be held at the same time and in conjunction with any other district election. The election may be called by a separate election order or as part of any other election order.
(d) The proposition in a maintenance and operation tax election may be for a specific maximum rate.
Added by Acts 2011, 82nd Leg., R.S., Ch. 880 (S.B. 234), Sec. 1, eff. June 17, 2011.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3894 - Rowlett Downtown Management District
Subchapter D. General Financial Provisions
Section 3894.151. General Powers Regarding Financial Matters
Section 3894.152. Borrowing Money
Section 3894.153. Impact Fees and Assessments; Exemption
Section 3894.154. Certain Residential Property Not Exempt
Section 3894.155. Maintenance and Operation Tax; Election
Section 3894.156. Use of Surplus Maintenance and Operation Money
Section 3894.157. Bond Issuance Plan Required Before Issuing Bonds
Section 3894.158. Bonds and Other Obligations; Municipal Approval
Section 3894.159. Bond Maturity
Section 3894.160. Taxes for Bonds and Other Obligations
Section 3894.162. City Not Required to Pay District Obligations