Sec. 3927.202. OPERATION AND MAINTENANCE TAX. (a) If authorized by a majority of the district voters voting at an election held in accordance with Section 3927.201, the district may impose an operation and maintenance tax on taxable property in the district in accordance with Section 49.107, Water Code, for operation and maintenance purposes, 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 2013, 83rd Leg., R.S., Ch. 1374 (S.B. 1906), Sec. 1, eff. June 14, 2013.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3927 - Fort Bend County Municipal Management District No. 1
Section 3927.201. Elections Regarding Taxes and Bonds
Section 3927.202. Operation and Maintenance Tax
Section 3927.203. Contract Taxes
Section 3927.204. Authority to Borrow Money and to Issue Bonds and Other Obligations
Section 3927.205. Taxes for Bonds