Tex. Spec. Dist. Local Laws Code Section 1088.160
Spending and Investment Restrictions


(a)

Except as otherwise provided by this chapter, the district may not incur an obligation payable from district revenue other than the revenue on hand or to be on hand in the current and following district fiscal years.

(b)

The board may invest operating, depreciation, or building reserves only in funds or securities specified by Chapter 2256 (Public Funds Investment), Government Code.
Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.

Source: Section 1088.160 — Spending and Investment Restrictions, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­1088.­htm#1088.­160 (accessed Jun. 5, 2024).

1088.001
Definitions
1088.002
Authority for Creation
1088.003
Essential Public Function
1088.004
District Territory
1088.005
Correction of Invalid Procedures
1088.006
District Support and Maintenance Not State Obligation
1088.007
Restriction on State Financial Assistance
1088.051
Board Election
1088.052
Notice of Election
1088.053
Qualifications for Office
1088.054
Board Vacancy
1088.055
Officers
1088.056
Voting Requirement
1088.057
Director Participation in Group Health Insurance
1088.058
District Administrator
1088.059
General Duties of District Administrator
1088.060
Appointment and Dismissal of Staff and Employees
1088.061
Recruitment of Medical Staff and Employees
1088.062
Educational Programs
1088.063
Seniority
1088.101
District Responsibility
1088.102
Restriction on Political Subdivision Taxation and Debt
1088.103
Management, Control, and Administration
1088.104
Hospital System
1088.105
Rules
1088.106
Purchasing and Accounting Procedures
1088.107
District Property, Facilities, and Equipment
1088.108
Eminent Domain
1088.109
Cost of Relocating or Altering Property
1088.110
Gifts and Endowments
1088.111
Construction Contracts
1088.112
Operating and Management Contracts
1088.113
Contracts with Governmental Entities for Hospital Treatment
1088.114
Contracts with Governmental Entities for Investigatory or Other Services
1088.115
Payment for Treatment
1088.116
Nonprofit Corporation
1088.117
Authority to Sue and Be Sued
1088.151
Budget
1088.152
Notice
1088.153
Amendments to Budget
1088.154
Restriction on Expenditures
1088.155
Fiscal Year
1088.156
Annual Audit
1088.157
Inspection of Audit and District Records
1088.158
Financial Report
1088.159
Depository
1088.160
Spending and Investment Restrictions
1088.161
Authority to Borrow Money
1088.201
General Obligation Bonds
1088.202
Tax to Pay General Obligation Bonds
1088.203
General Obligation Bond Election
1088.204
Maturity of General Obligation Bonds
1088.205
Execution of General Obligation Bonds
1088.206
Revenue Bonds
1088.207
Bonds Exempt from Taxation
1088.208
Additional Means of Securing Repayment of Bonds
1088.209
Use of Bond Proceeds
1088.251
Imposition of Ad Valorem Tax
1088.252
Tax Rate
1088.253
Tax Assessor-collector
1088.301
Dissolution
1088.302
Notice of Election
1088.303
Ballot
1088.304
Election Results
1088.305
Transfer, Sale, or Administration of Assets
1088.306
Sale or Transfer of Assets and Liabilities
1088.307
Imposition of Tax and Return of Surplus Taxes
1088.308
Report

Accessed:
Jun. 5, 2024

§ 1088.160’s source at texas​.gov