BOND PAYMENTS FROM REVENUE OR TAXES.

Tex. GOV'T Code § 1477.003.
in effect
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The commissioners court may provide for payment of the principal of and interest on bonds issued under this subchapter by: (1) pledging all or part of the revenue from a lease of all or part of the real property, building, or other facility financed by the bonds, after deduction of reasonable operation and maintenance costs; (2) imposing an annual ad valorem tax; or (3) combining those sources. Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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