Tex. Loc. Gov't Code § 111.042

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 111.042 - Budget for Expenditures From Proceeds of Bonds or Other Obligations

If a county bond issue is submitted at an election or other authorized obligations are to be issued against future revenues and a tax is to be levied for those obligations, the commissioners court shall adopt a budget of proposed expenditures. On receipt of the proceeds of the sale of the bonds or other obligations, the county may make expenditures from the proceeds in the manner provided by this subchapter for expenditures for general purposes.

Tex. Loc. Gov't. Code § 111.042

Amended by Acts 1997, 75th Leg., ch. 1197, Sec. 5, eff. 6/20/1997.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. 9/1/1987.