(a) The district may:
(1) impose a charge for using land, a facility, or a service the district provides;
(2) issue bonds as provided by this subchapter;
(3) borrow money for any corporate purpose or combination of purposes;
(4) loan money;
(5) invest money under its control in an investment permitted by Chapter 2256, Government Code;
(6) select a depositor;
(7) establish a system of accounts for the district; and
(8) set the fiscal year for the district.
(b) The board by rule shall establish the procedure and number of directors' signatures required to disburse or transfer district money.