Election To Increase Maximum Tax Rate

Sec. 1043.253. ELECTION TO INCREASE MAXIMUM TAX RATE. (a) The board may order an election to increase the district's maximum tax rate to a rate not to exceed 75 cents on each $100 valuation of taxable property in the district. (b) The maximum tax rate may not be increased unless the increase is approved by a majority of the district voters voting in an election held for that purpose. (c) The board shall give notice in the manner provided for a bond election under Section 1043.203. Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.