Sec. 363.208. DEPOSIT OF FUNDS. (a) The board shall deposit district funds in a special account in the treasury of the political subdivision that created the district.
(b) District funds, other than those invested as provided by Section 363.206(c), shall be deposited as received in the treasury of the political subdivision and must remain on deposit.
(c) The board shall reimburse the political subdivision for any costs, other than personnel costs, the political subdivision incurs for performing the duties under this section.
Added by Acts 1997, 75th Leg., ch. 165, Sec. 23.03(a), eff. Sept. 1, 1997.
Structure Texas Statutes
Subtitle C - Public Safety Provisions Applying to More Than One Type of Local Government
Chapter 363 - Crime Control and Prevention Districts
Subchapter E. District Finances
Section 363.202. Audits and District Records
Section 363.203. Annual Budget Proposal
Section 363.204. Adoption of Budget by Board
Section 363.205. Approval of Budget by Governing Body of Creating Political Subdivision
Section 363.206. Limitations on Expenditures and Investments
Section 363.207. Account of Disbursements of District
Section 363.208. Deposit of Funds