§ 262-394. Ad valorem taxes.

The board shall have the power to levy and assess an ad valorem tax on all the taxable property in the district to construct, operate, and maintain assessable improvements; to pay the principal of and interest on any general obligation bonds of the district; and to provide for any sinking or other funds established in connection with any such bonds. The ad valorem tax provided for herein shall be in addition to county and all other ad valorem taxes provided for by law. Such tax shall be assessed, levied, and collected in the same manner and same time as county taxes. The levy of ad valorem taxes shall be approved by referendum when required by the state constitution.

(Laws of Fla. ch. 74-462, § 29; Laws of Fla. ch. 82-280, § 4)