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Texas Special District Local Laws Code - SDLL § 6906.207. Charges for District Services

Current as of January 01, 2024 | Updated by Findlaw Staff

If district bonds payable wholly from revenue are issued, the board shall set and revise the rates, fees, and charges assessed for water sold and waste collection and treatment services provided by the district. The rates, fees, and charges must be sufficient to:

(1) pay the expense of operating and maintaining the district facilities that generate the revenue from which the bonds will be paid;

(2) pay the principal of and interest on the bonds when due; and

(3) maintain the reserve fund and other funds as provided in the resolution authorizing the bonds.

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Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 6906.207. Charges for District Services - last updated January 01, 2024 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-6906-207/

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