Taxes collected under this subchapter may be used only for the purposes for which the district was created and may be pledged as collateral for borrowing money to further those purposes.
Tex. Loc. Gov't Code § 326.095
USE OF TAX
Added by Acts 1997, 75th Leg., ch. 1204, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.