Texas Transportation Code

§ 372.0535 — FINANCIAL REPORTING REQUIREMENTS

TN § 372.0535Title 6. ROADWAYS · Part G. TURNPIKES AND TOLL PROJECTS · Ch. 372. PROVISIONS APPLICABLE TO MORE THAN ONE TYPE OF TOLL PROJECT · Art. B. TOLL PROJECT OPERATION

Statute text

View on source

(a)In this section, "system" includes a system established under Section 228.010, 366.034, or 370.034.

(b)Not later than the 180th day after the last day of a toll project entity's fiscal year, the entity shall publish on the entity's Internet website a report on the entity's financial data, including:

(1)the final maturity of all bonds issued by the entity for a toll project or system;

(2)toll revenue for each toll project for the previous fiscal year;

(3)an accounting of total revenue collected and expenses incurred by the entity for the previous fiscal year, such as debt service, maintenance and operation costs, any other miscellaneous expenses, and any surplus revenue; and

(4)a capital improvement plan with proposed or expected capital expenditures over a period determined by the entity.

…

Legislative history

Added by Acts 2019, 86th Leg., R.S., Ch. 744 (H.B. 803), Sec. 1, eff. September 1, 2019. Redesignated from Transportation Code, Section 372.054 by Acts 2021, 87th Leg., R.S., Ch. 915 (H.B. 3607), Sec. 21.001(105), eff. September 1, 2021.