Sec. 3935.202. OPERATION AND MAINTENANCE TAX. (a) If authorized by a majority of the district voters voting at an election held in accordance with Section 49.107, Water Code, the district may impose an operation and maintenance tax on taxable property in the district in accordance with that section 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.
(c) Section 49.107(h), Water Code, does not apply to the district.
Added by Acts 2015, 84th Leg., R.S., Ch. 885 (H.B. 4180), Sec. 2, eff. June 18, 2015.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3935 - Katy Management District No. 1
Section 3935.201. Elections Regarding Taxes and Bonds
Section 3935.202. Operation and Maintenance Tax
Section 3935.203. Contract Taxes
Section 3935.204. Authority to Borrow Money and to Issue Bonds and Other Obligations
Section 3935.205. Taxes for Bonds
Section 3935.206. City Not Required to Pay District Obligations