Sec. 111.042. BUDGET FOR EXPENDITURES FROM PROCEEDS OF BONDS OR OTHER OBLIGATIONS. If a county bond issue is submitted at an election or other authorized obligations are to be issued against future revenues and a tax is to be levied for those obligations, the commissioners court shall adopt a budget of proposed expenditures. On receipt of the proceeds of the sale of the bonds or other obligations, the county may make expenditures from the proceeds in the manner provided by this subchapter for expenditures for general purposes.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987. Amended by Acts 1997, 75th Leg., ch. 1197, Sec. 5, eff. June 20, 1997.
Structure Texas Statutes
Subchapter B. Budget Preparation in Counties With Population of More Than 225,000
Section 111.031. Subchapter Applicable to Counties With Population of More Than 225,000; Exception
Section 111.032. County Auditor as Budget Officer
Section 111.033. Annual Budget Required
Section 111.034. Itemized Budget; Contents
Section 111.035. Limitation on Expenditures Before Adoption of Budget
Section 111.036. Information Furnished by Officers
Section 111.037. Proposed Budget Filed With County Clerk; Public Inspection
Section 111.038. Public Hearing on Proposed Budget
Section 111.0385. Special Notice by Publication for Budget Hearing
Section 111.039. Adoption of Budget
Section 111.040. Approved Budget Filed With Officers: Posting on Internet
Section 111.041. Expenditure of Funds Under Budget; Emergency Expenditure; Budget Transfer
Section 111.0415. Changes in Budget for County Purposes
Section 111.042. Budget for Expenditures From Proceeds of Bonds or Other Obligations
Section 111.043. Special Budget for Grant or Aid Money
Section 111.0431. Special Budget for Revenue From Intergovernmental Contracts
Section 111.0432. Special Budget for Revenue Received After Start of Fiscal Year