Special District Local Laws Code § 1046.160
The district cannot take on revenue-backed obligations beyond current and next-year revenue on hand, except as otherwise provided. The board may invest certain reserves only in funds or securities allowed by Chapter 2256.
- Jurisdiction
- United States — Texas
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- Code
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- Language
- en
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district budgeting investment restrictions spending restrictions
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Special District Local Laws Code § 1046.160
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