Sec. 3897.304. USE OF SURPLUS MAINTENANCE AND OPERATION MONEY. If the district has 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. 656 (S.B. 1184), 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 3897 - Timber Springs Municipal Management District
Section 3897.301. Property Tax Authorized
Section 3897.302. Taxes for Bonds and Other Obligations; Election
Section 3897.303. Maintenance and Operation Tax; Election
Section 3897.304. Use of Surplus Maintenance and Operation Money
Section 3897.305. Tax Abatement
Section 3897.306. Bonds and Other Obligations; Municipal Approval