§ 1-10. Supplemental Tax.

(a) In general.

A portion of the funding for the operation of the Authority shall be provided by a supplemental annual property tax, levied on all properties subject to real property taxation, unless exempt under this subtitle, the Enabling Legislation, or other applicable laws (the "Supplemental Tax").

(b) Assessment, collection, enforcement.

(1) The Supplemental Tax shall be assessed and collected in conjunction with the property taxes assessed and collected by the City (the "Regular Tax"), unless otherwise established by the Board and approved by the Board of Estimates.

(2) Enforcement of the Supplemental Tax shall be in accordance with the enforcement of the Regular Tax, and all provisions applicable to the assessment, collection, enforcement, and refunding of the Regular Tax shall apply to the Supplemental Tax unless modified herein.

(c) Determination of tax.

(1) The Supplemental Tax rate must be set each year by the Board as part of the annual financial plan.

(2) Any increase in the rate of the Supplemental Tax must be approved by:

(i) a majority of the Board's voting members; and

(ii) if a rate increase of 10% or more is proposed, 80% or more of the property-owner representatives on the Board.