Sec. 3828.154. USE OF SURPLUS MAINTENANCE AND OPERATION MONEY. If the district has surplus maintenance and operation tax money that is not needed for the purposes for which it was collected, the money may be used for any authorized purpose.
Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.03, eff. April 1, 2007.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3828 - Lake View Management and Development District in Henderson County
Subchapter D. General Financial Provisions
Section 3828.151. General Powers Regarding Financial Matters
Section 3828.152. Impact Fees and Assessments; Exemption
Section 3828.153. Maintenance and Operation Tax; Election
Section 3828.154. Use of Surplus Maintenance and Operation Money
Section 3828.155. Bonds and Other Obligations
Section 3828.156. Taxes for Bonds and Other Obligations
Section 3828.157. Inapplicability of Certain Tax Code Provisions