Texas Government Code 479.0203 – Pledge of Surcharges to Guarantee Obligations
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Terms Used In Texas Government Code 479.0203
- Contract: A legal written agreement that becomes binding when signed.
- User fees: Fees charged to users of goods or services provided by the government. In levying or authorizing these fees, the legislature determines whether the revenue should go into the treasury or should be available to the agency providing the goods or services.
An endorsing municipality or endorsing county may guarantee its obligations under a motor sports racing event support contract and this chapter by pledging, in addition to the tax revenue deposited under Section 479.0102, surcharges from user fees charged in connection with the motor sports racing event, including parking or ticket fees.