Texas Transportation Code 256.003 – Use of Revenues From County and Road District Highway Fund
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(a) A county may use the money it receives under Section 256.002 only for:
(1) purchasing right-of-way for lateral roads, farm-to-market roads, or state highways;
(2) constructing and maintaining lateral roads, including the hiring of labor and the purchase of materials, supplies, and equipment; or
(3) paying the principal, interest, and sinking fund requirements maturing during the fiscal year on bonds, warrants, or other legal obligations incurred to finance activities described in Subdivisions (1) and (2).
(b) Repealed by Acts 2003, 78th Leg., ch. 1310, Sec. 121(29).
Terms Used In Texas Transportation Code 256.003
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(c) Repealed by Acts 2003, 78th Leg., ch. 1310, Sec. 121(29).
(d) A county may require that bids for construction funded in whole or part by money received under Section 256.002 be submitted to the commission in the manner provided for bids for construction of a state highway.
(e) On the request of a county, the commission shall provide technical and engineering assistance in making surveys, preparing plans and specifications, preparing project proposals, and supervising construction. The county shall pay the costs of providing the assistance.