Sec. 57.251. LEVY OF TAXES ON THE AD VALOREM BASIS. (a) If a district levies taxes on the ad valorem basis, it shall levy and have assessed and collected taxes on all taxable property in the district.
(b) The taxes must be sufficient to pay the interest on the bonds as it is due, and to raise a sufficient amount to create a sinking fund to redeem and discharge the bonds at maturity.
Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971. Amended by Acts 1977, 65th Leg., p. 1251, ch. 483, Sec. 10, eff. Aug. 29, 1977; Acts 1979, 66th Leg., p. 2321, ch. 841, Sec. 4(r), eff. Jan. 1, 1982.
Structure Texas Statutes
Title 4 - General Law Districts
Chapter 57 - Levee Improvement Districts
Section 57.251. Levy of Taxes on the Ad Valorem Basis
Section 57.258. Assessment and Collection of Taxes for Districts With Land in More Than One County
Section 57.259. Assessment of Damages
Section 57.260. Levy of Taxes on Benefit Basis
Section 57.261. Appointment of Commissioners of Appraisement
Section 57.262. Qualifications for Commissioners of Appraisement
Section 57.263. Compensation of Commissioners of Appraisement
Section 57.264. Organization of Commissioners of Appraisement
Section 57.265. Duties of Commissioners of Appraisement
Section 57.266. Report of Commissioners of Appraisement
Section 57.267. Notice of Hearing
Section 57.268. Rights of Parties
Section 57.269. Hearing; Judgment
Section 57.270. Appeal of Decree of the Commissioners of Appraisement
Section 57.271. Basis of Taxation
Section 57.272. Tax Assessor for Districts Levying Taxes on Benefit Basis
Section 57.273. Readjusting Assessments
Section 57.274. Hearing on Petition for Reassessment