Title SD, Special District Local Laws Code

Sec. 21.306. ACQUISITION, CONSTRUCTION, AND OPERATION OF DISPOSAL SYSTEMS. The district may: (1) acquire and provide by purchase, gift, or lease a disposal system in the district or in a county adjacent to the district; (2) construct and provide a disposal system in the district …

Sec. 21.307. WASTE DISPOSAL CONTRACTS. (a) The district may contract to receive and to treat or dispose of waste from a person in the district. (b) The district shall set fees in the contract after considering: (1) the quality of the waste; (2) the quantity of the waste; (3) the …

Sec. 21.351. ACCOUNTING. The district shall keep complete and accurate accounts of its business transactions in accordance with generally accepted methods of accounting. Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.01, eff. April 1, 2009.

Sec. 21.352. ANNUAL BUDGET. (a) The district's annual budget must contain a complete financial statement, including a statement of: (1) the outstanding district obligations; (2) the amount of cash on hand to the credit of each district fund; (3) the amount of money received by th…

Sec. 21.353. SWORN STATEMENT REGARDING MONEY AND DISBURSEMENTS. As soon as practicable after the close of the fiscal year, the district treasurer shall prepare for the board a sworn statement of: (1) the amount of money that belongs to the district; and (2) an account of the disb…

Sec. 21.354. DEPOSITORY. (a) The board shall name one or more banks to serve as depository for the district's money. (b) District money, other than money transmitted to a bank for payment of bonds issued by the district, shall be deposited as received with the depository bank and…

Sec. 21.355. INVESTMENTS. (a) The board may place district money in a certificate of deposit of a state or national bank or a state or federal savings and loan association in this state if the money is secured in the manner required for the security of county funds. (b) The board…

Sec. 21.356. PAYMENT OF EXPENSES. (a) The board may pay: (1) costs and expenses necessarily incurred in the district's operation; (2) legal fees; and (3) other incidental expenses. (b) The board may reimburse a person for money advanced for a payment described by Subsection (a). …

Sec. 21.357. BORROWING MONEY. The district may borrow money for any purpose authorized by this chapter. Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.01, eff. April 1, 2009.

Sec. 21.358. PAYMENT OF JUDGMENTS. A court of this state that renders a money judgment against the district may require the board to pay the judgment from money in the district depository that is not dedicated to the payment of any district debt. Added by Acts 2007, 80th Leg., R.…

Sec. 21.401. AUTHORITY TO ISSUE BONDS. The board may issue and sell bonds in the district's name to acquire land and construct works, improvements, and waste disposal, treatment, and other facilities, plants, pipelines, equipment, and appliances as provided by this chapter. Added…

Sec. 21.402. BOND PAYMENT. The board may provide for the payment of the principal of and interest on the bonds: (1) from the imposition of property taxes on all taxable property in the district; (2) by pledging all or part of the designated revenue from the ownership or operation…

Sec. 21.403. BOND ELECTION. (a) The district may not issue bonds until the issuance is approved by a majority of voters voting in the district at an election held for that purpose. (b) The board may order a bond election. The order calling the election must state: (1) the hours d…

Sec. 21.404. MATURITY OF BONDS. District bonds may mature not more than 50 years after the date of issuance. Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.01, eff. April 1, 2009.

Sec. 21.405. SIGNATURE. District bonds must be signed and executed as provided by the board in the resolution or order authorizing the bonds. Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.01, eff. April 1, 2009.

Sec. 21.406. BOND PROVISIONS. (a) In an order or resolution authorizing the issuance of bonds, including refunding bonds, the board may: (1) provide for the flow of money; (2) provide for the establishment and maintenance of an interest and sinking fund, a reserve fund, and other…

Sec. 21.407. MANDAMUS BY BONDHOLDERS. A holder of a district bond is entitled, in addition to any other right or remedy provided by law, to a writ of mandamus requiring the district and its officials to observe and perform any covenant, condition, or obligation provided by the or…

Sec. 21.408. REFUNDING BONDS. (a) The board may issue refunding bonds to refund outstanding indebtedness issued or assumed by the district. (b) A refunding bond may be: (1) sold, with the proceeds of the refunding bond applied to the payment of the bonds to be refunded; or (2) ex…

Sec. 21.409. TAX EXEMPTION. District bonds, transactions relating to the bonds, and profits made in the sale of the bonds are exempt from state taxation or taxation by a municipality, county, special district, or other political subdivision of the state. Added by Acts 2007, 80th …

Sec. 21.451. AUTHORITY TO IMPOSE PROPERTY TAXES. The board annually may impose a tax on all property in the district subject to district taxation. Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.01, eff. April 1, 2009.

Sec. 21.452. AMOUNT OF TAX. (a) The amount of tax imposed by the board must be in an amount necessary to pay: (1) the principal of and interest on district bonds; and (2) the expense of assessing and collecting taxes. (b) The district may impose a maintenance and operating tax in…

Sec. 21.453. TAX RATE. In setting the tax rate, the board shall take into consideration the income of the district from sources other than taxation. Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.01, eff. April 1, 2009.

Sec. 21.454. TAX COLLECTOR. The board may: (1) provide for the appointment of a tax collector for the district; or (2) contract for the collection of taxes as provided by the Tax Code. Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.01, eff. April 1, 2009.