Sec. 1508.007. RECORDS    


Latest version.
  • The mayor of a municipality that has a facility or land described by Section 1508.001 shall establish and maintain a complete system of records that:

    (1) show each free service provided in connection with the facility or land and the value of the service; and

    (2) show separately the amounts spent and amounts set aside for operation, salaries, labor, materials, repairs, maintenance, depreciation, replacements, extensions, interest, and the creation of a sinking fund to pay the bonds or debt.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.