Oklahoma Statutes
§ 82-1113 — Budget - Disposition of rents and charges.
Oklahoma·Title 82 Waters And Water Rights
(a)The board of directors of a port authority created in accordance with Section 2 of this Act shall annually prepare a budget for the port authority.
(b)Rents and charges received by the port authority shall be used for the general expenses of the port authority and to pay interest, amortization, and retirement charges on money borrowed. If there remains, at the end of any calendar year, any surplus of such funds after providing for the above uses, the board of directors may pay such surplus into the general funds of the political subdivisions creating and comprising the port authority in proportion to the taxable value of all property within the port authority which shall be listed on the general tax lists for the respective subdivisions.
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Legislative History
Added by Laws 1959, p. 394, § 13, emerg. eff. July 15, 1959.
Nearby Sections
15
§ 82-1020.1
Definitions.§ 82-1020.10
Temporary or special permits - Limited quantity§ 82-1020.11
Types of permits - Fees.§ 82-1020.11a
Repealed§ 82-1020.12
Report of water used.§ 82-1020.13
Surrender of permits.§ 82-1020.14
Prior use of groundwater.§ 82-1020.15
Waste prohibited - Enforcement.§ 82-1020.17
Spacing rules.§ 82-1020.18
Location exceptions.§ 82-1020.19
Metering of wells.§ 82-1020.2
Declaration of policy - Applicability.§ 82-1020.20
Unitizing and communitizing of land for water§ 82-1020.21
Wells within municipalities.