Texas Water Code
§ 53.182 — BONDS PAYABLE FROM REVENUES AND AD VALOREM TAXES
WA § 53.182Title 4. GENERAL LAW DISTRICTS · Ch. 53. FRESH WATER SUPPLY DISTRICTS · Art. F. BOND AND TAX PROVISIONS
Statute text
View on source(a)For the purpose of constructing, purchasing, repairing, improving, and extending authorized improvements, a district may issue bonds payable solely from the revenues of:
(1)the operation of the district's water system, less the reasonable cost of maintaining and operating the system; or
(2)the operation of the district's sanitary sewer system, less the reasonable cost of maintaining and operating the system; or
(3)both the water system and the sanitary sewer system.
(b)The district may also issue bonds for the purposes set out in this section, payable both from ad valorem taxes and the revenues of:
(1)its water system; or
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Legislative history
Acts 2025, 89th Leg., R.S., Ch. 455 (H.B. 4370), Sec. 8, eff. September 1, 2025.