Opinion No.

Mr. F.E. Williams Chambers County Auditor P.O. Box 910 Anahuac, Texas 77514

Re: Calculation of maximum tax attributable to the road and bridge fund

Dear Mr. Williams:

Chapter 26 of the Tax Code sets forth the method by which each taxing unit must calculate an "effective tax rate" and the procedures that each taxing unit must follow in adopting a tax rate. The "effective tax rate" is the tax rate that will produce both the revenue necessary to satisfy the taxing unit's debt payment obligations for the year in which the rate is calculated and the same amount of operating revenue levied on…