Tex. Water Code § 60.204 · Subchapter H. PROMOTION AND DEVELOPMENT FUND IN CERTAIN DISTRICTS
MANAGEMENT AND CONTROL OF PROMOTION AND DEVELOPMENT FUND.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The money in the promotion and development fund shall be kept separate from all other funds and accounts of the district, and no money collected from assessing or levying taxes may be mingled with the fund.
(b) The promotion and development fund shall be under the exclusive control of the commission, and the commission shall have full responsibility for auditing, approving, and safeguarding the expenditure of money from the fund.
(c) The county auditor shall exercise his usual supervision and control to assure that the commission sets aside no more than five percent of its gross income from operations in each calendar year in the promotion and development fund. The county auditor may audit disbursements from the fund and shall be entitled to a monthly statement showing the:
(1) date of each disbursement from the fund;
(2) amount disbursed;
(3) person or concern to whom disbursed; and
(4) general purpose of each disbursement.
Notes and commentary — not statutory text
History
Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971. Amended by Acts 2001, 77th Leg., ch. 183, Sec. 1, eff. May 18, 2001.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/WA/htm/WA.60.htm
- Text hash
- sha256 4f5d931a4c09694d6a49e936fd9bdfadea6f711bc71f59a891e6c0be7288eefa
- 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.