Sec. 265.012. FINANCING. (a) If the municipality or county has issued and sold bonds to establish, build, equip, maintain, and operate a joint municipal and county hospital, the municipality or county may finance the hospital out of general revenue and may levy and collect a tax to finance the hospital not to exceed 10 cents on each $100 of the taxable value of property taxable by the municipality or county.
(b) The commissioners court and the municipal governing body may contribute to the funds necessary for the hospital in a proportion to which they agree.
(c) The board of managers may spend, in a manner determined by the board, funds provided by the county or municipality through the issuance of bonds or other obligations or by appropriation from other funds, for purposes related to the hospital as if the action were taken by the commissioners court or the governing body.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Structure Texas Statutes
Chapter 265 - Joint Municipal and County Hospitals
Subchapter B. Joint Hospital With Board of Managers
Section 265.011. Establishment of Hospital by Commissioners Court and Municipal Governing Body
Section 265.013. Board of Managers
Section 265.016. Financial Statement; Budget
Section 265.017. Issuance of Revenue Bonds
Section 265.0171. Repayment of Bonds
Section 265.0172. Additional Security for Bonds
Section 265.0174. Bonds Not Payable From Taxes
Section 265.0175. Sale of Bonds
Section 265.0176. Refunding Bonds
Section 265.0177. Authority to Borrow Money
Section 265.0178. Pledge of Security
Section 265.0179. Permissible Uses of Loan Proceeds
Section 265.018. Hospital Property
Section 265.0181. Transfer of Property
Section 265.019. Use of Earnings or Assets for Private Purposes Prohibited