Sec. 284.011. TAXES TO PAY OPERATING AND MAINTENANCE EXPENSES. (a) Ad valorem taxes of the hospital district shall be used to pay hospital facility operation and maintenance expenses to the extent that hospital facility revenue and income are not available at any time to pay all those expenses.
(b) The proceeds of an annual ad valorem tax may be pledged to pay hospital facility operation and maintenance expenses in the order authorizing the issuance of bonds under this subchapter.
(c) During each year that any of the bonds are outstanding, the commissioners court shall compute and determine the rate and amount of ad valorem tax that is sufficient to raise and produce the funds required to pay required hospital facility operation and maintenance expenses if the annual ad valorem tax is pledged as security for the payment of those expenses. In determining the tax rate, the commissioners court may allow for tax delinquencies and the cost of tax collection.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Structure Texas Statutes
Subtitle D - Hospital Districts
Chapter 284 - Special Provisions Relating to Hospital District Bonds
Subchapter A. Issuance of Revenue Bonds in Counties With Population of at Least 200,000
Section 284.001. Authority to Issue; Form of Bonds
Section 284.003. Approval and Registration of Bonds
Section 284.005. Sale of Bonds; Use of Proceeds
Section 284.006. Investment of Bond Proceeds
Section 284.007. Legal Investments
Section 284.008. Security for Deposits
Section 284.009. Authority to Issue Subsequent Bonds
Section 284.010. Refunding Bonds and Refinancing
Section 284.011. Taxes to Pay Operating and Maintenance Expenses
Section 284.012. Authority of District Governing Body in Absence of Ad Valorem Tax
Section 284.013. Annual Budget