Tex. Spec. Dist. Local Laws Code § 8506.154 · Subchapter D. GENERAL FINANCIAL PROVISIONS
RATES AND OTHER CHARGES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The board shall establish and collect rates and other charges for the sale or use of water, water connections, power, electric energy, or other services sold, provided, or supplied by the authority.
(b) The rates and charges must be reasonable, nondiscriminatory, and sufficient to provide revenue adequate to:
(1) pay all expenses necessary to the operation and maintenance of the properties and facilities of the authority;
(2) pay the interest on and the principal of all bonds issued under this chapter or its predecessor statute when and as they become due and payable;
(3) pay all sinking fund or reserve fund payments agreed to be made with respect to bonds issued under this chapter or its predecessor statute and payable out of that revenue when and as they become due and payable; and
(4) fulfill the terms of any agreements made with the holders of bonds issued under this chapter or its predecessor statute or with any person in their behalf.
(c) The rates and charges may not exceed what may be necessary to fulfill the obligations imposed on the authority by this chapter.
Notes and commentary — not statutory text
History
Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.05, eff. April 1, 2017.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8506.htm
- Text hash
- sha256 1c30aa17b7500e69bb67221cb5716e73eff27e32d2740b635e70291dba25c34a
- 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
Cited by 4 provisions
Provisions in this library whose text cites Tex. Spec. Dist. Local Laws Code § 8506.154. Each shows the citation as that text prints it.
Special District Local Laws Code
- Tex. Spec. Dist. Local Laws Code § 8506.155USE OF EXCESS REVENUE.Printed as Section 8506.154(b)
- Tex. Spec. Dist. Local Laws Code § 8506.202STATE PLEDGE REGARDING RIGHTS AND REMEDIES OF BONDHOLDERS.Printed as Section 8506.154(b)
- Tex. Spec. Dist. Local Laws Code § 8506.207RESOLUTION PROVISIONS.Printed as Section 8506.154(b)
- Tex. Spec. Dist. Local Laws Code § 8506.208DEFAULT PROCEDURES.Printed as Section 8506.154(b)
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.