Tex. Loc. Gov't Code § 322.047 · Subchapter C. POWERS AND DUTIES
FINANCIAL STATEMENT; BUDGET.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) On or before July 1 of each year, the board shall prepare and file with the county clerk of each of the counties a complete financial statement showing the financial status of the board and the board's properties, funds, and indebtedness.
(b) The financial statement must show separately all information concerning:
(1) revenue bonds;
(2) income from facilities the income of which is pledged to the bonds, and the expenditures from that income; and
(3) money appropriated to the board by the commissioners courts for operational and maintenance expenses.
(c) At the same time the financial statement is filed, the board shall file with the county clerk of each of the counties a proposed budget of its needs for the next calendar year.
(d) The board shall operate the parks under its control, the revenues of which are pledged to the payment of bonds, in a manner that will produce gross revenues sufficient to pay the operation and maintenance expenses of the facilities.
Notes and commentary — not statutory text
History
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.322.htm
- Text hash
- sha256 347a8765804d2e2580b9d2138bc71e5729e492061befcdfa13cb0d168e944034
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.