Water Code › Title 4 › Chapter 63 › Subchapter G

Texas Water Code § 63.281

Bond Tax

Self-Liquidating Navigation Districts · Tax Provisions

(a) After bonds have been voted, the commission shall levy and have assessed and collected improvement taxes on all taxable property inside the district.

(b) The tax shall be in an amount which is sufficient to pay the principal of and interest on the bonds.

Official text of the Texas Water Code as published by the Texas Legislative Council.

Official source
Legislative history

Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971.