Sec. 3896.156. 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 2011, 82nd Leg., R.S., Ch. 699 (H.B. 427), Sec. 1, eff. June 17, 2011.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3896 - Rowlett Waterfront Entertainment Management District
Subchapter D. General Financial Provisions
Section 3896.151. General Powers Regarding Financial Matters
Section 3896.152. Borrowing Money
Section 3896.153. Impact Fees and Assessments; Exemption
Section 3896.154. Certain Residential Property Not Exempt
Section 3896.155. Maintenance and Operation Tax; Election
Section 3896.156. Use of Surplus Maintenance and Operation Money
Section 3896.157. Bond Issuance Plan Required Before Issuing Bonds
Section 3896.158. Bonds and Other Obligations; Municipal Approval
Section 3896.159. Bond Maturity
Section 3896.160. Taxes for Bonds and Other Obligations
Section 3896.162. City Not Required to Pay District Obligations