Tex. Transp. Code § 451.133 · Subchapter C-1. ADDITIONAL MANAGEMENT PROVISIONS FOR CERTAIN AUTHORITIES
OPERATING EXPENSES AND CAPITAL EXPENDITURES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An authority may not spend for capital improvements money in excess of the total amount allocated for major capital expenditures in the annual budget.
(b) The board shall adopt rules requiring each major department of the authority to report quarterly on operating expenses and capital expenditures of the department.
(c) The board shall establish a system for tracking the progress of the authority's capital improvement projects.
(d) The board shall maintain, update, and post on the authority's Internet website accounting records for each authority account, including:
(1) the account's balance at the end of the fiscal year;
(2) deposits to the account;
(3) account expenditures; and
(4) interest income to the account.
Notes and commentary — not statutory text
History
Added by Acts 2011, 82nd Leg., R.S., Ch. 1327 (S.B. 650), Sec. 1, eff. June 17, 2011.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TN/htm/TN.451.htm
- Text hash
- sha256 0e744292afa99ac6215b6767f5fc6c518f0bbc9968b7db41391d5c964a625807
- 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.