Texas § 8510.0508 COMPENSATION RATES.

Texas Statutes

§ 8510.0508 — COMPENSATION RATES.

Texas § 8510.0508

Code SDSpecial District Local Laws Code

This text of Texas § 8510.0508 (COMPENSATION RATES.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Special District Local Laws Code Code Ann. § 8510.0508 (2026).

Text

Sec. 8510.0508. COMPENSATION RATES.

(a)The board shall set and revise the rates of compensation for:

(1)water the authority sells; and

(2)services the authority renders.

(b)The rates of compensation must be sufficient to:

(1)pay the expense of operating and maintaining the authority's facilities;

(2)pay the bonds as they mature and the interest as it accrues; and

(3)maintain the reserve and other funds as provided in the resolution authorizing the bonds.

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Sec. 8510.0508. COMPENSATION RATES. (a) The board shall set and revise the rates of compensation for:
(1) water the authority sells; and
(2) services the authority renders.
(b) The rates of compensation must be sufficient to:
(1) pay the expense of operating and maintaining the authority's facilities;
(2) pay the bonds as they mature and the interest as it accrues; and
(3) maintain the reserve and other funds as provided in the resolution authorizing the bonds.