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 Texas Statutes (Last Updated: January 4, 2014)
 GOVERNMENT CODE
 Title 9. PUBLIC SECURITIES
 Subtitle J. SPECIFIC AUTHORITY FOR MUNICIPALITIES TO ISSUE SECURITIES
 Chapter 1502. PUBLIC SECURITIES FOR MUNICIPAL UTILITIES, PARKS, OR POOLS  
 Subchapter B. PUBLIC SECURITIES FOR UTILITY SYSTEMS, PARKS, OR POOLS  

  Sec. 1502.057. CHARGES FOR SERVICES    

Latest version.

  • (a) A municipality shall impose and collect charges for services provided by a utility system in amounts at least sufficient to pay:

    (1) all operating, maintenance, depreciation, replacement, improvement, and interest charges in connection with the utility system;

    (2) for an interest and sinking fund sufficient to pay any public securities issued or obligations incurred for any purpose described by Section 1502.002 relating to the utility system; and

    (3) any outstanding debt against the system.

    (b) The rates charged for services provided by a utility system must be equal and uniform. A municipality may not allow any free service except for:

    (1) municipal public schools; or

    (2) buildings and institutions operated by the municipality.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999. Renumbered from Government Code Sec. 1502.059 and amended by Acts 1999, 76th Leg., ch. 1064, Sec. 22, eff. Sept. 1, 1999.