Texas Local Government Code 324.100 – Disposition of Revenue
Terms Used In Texas Local Government Code 324.100
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Property: means real and personal property. See Texas Government Code 311.005
In addition to any other purpose or obligation of a district, a district may use its tax revenue and other revenue for:
(1) acquisition of a right-of-way that leads to or is in the district;
(2) construction, improvement, or maintenance of a road that leads to or is in the district;
(3) provision of law enforcement, emergency medical services, or fire protection in the district;
(4) programs to improve the water quality and sanitary conditions in the district;
(5) other programs that promote water-oriented recreation in the district;
(6) contribution to the county’s general fund in the event that the board finds it has excess revenues;
(7) payment of indebtedness for bonds issued under Sections 324.091 and 324.092;
(8) acquiring insurance for the district;
(9) hiring necessary personnel as provided by § 324.062;
(10) construction of facilities to house district personnel and equipment;
(11) leasing of property as necessary to benefit the district; and
(12) any other lawful purpose for the benefit of the district.