Sec. 8810.105. REVENUE. (a) To pay the maintenance and operating costs of the district and to pay any bonds or notes issued by the district, the district may:
(1) impose ad valorem taxes at a rate not to exceed five cents on each $100 of assessed valuation of taxable property;
(2) assess fees for services or for water withdrawn from nonexempt wells; or
(3) solicit and accept grants from any private or public source.
(b) The district may not impose ad valorem taxes to pay the maintenance and operating costs of the district at a rate that exceeds the maximum rate approved by a majority of the voters of the district voting at an election in the district held for that purpose.
Added by Acts 2005, 79th Leg., Ch. 855 (S.B. 967), Sec. 1, eff. June 17, 2005.
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