{"data":{"id":"us-tx/tex.-government-code-1477.003","jurisdiction":"us-tx","citation":"Tex. Government Code § 1477.003","heading":"BOND PAYMENTS FROM REVENUE OR TAXES.","body":"The commissioners court may provide for payment of the principal of and interest on bonds issued under this subchapter by:\n(1) pledging all or part of the revenue from a lease of all or part of the real property, building, or other facility financed by the bonds, after deduction of reasonable operation and maintenance costs;\n(2) imposing an annual ad valorem tax; or\n(3) combining those sources.\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.","path":["GOVERNMENT CODE","TITLE 9. PUBLIC SECURITIES","SUBTITLE I. SPECIFIC AUTHORITY FOR COUNTIES TO ISSUE SECURITIES","CHAPTER 1477. OBLIGATIONS FOR OTHER COUNTY PURPOSES","SUBCHAPTER A. BONDS FOR FACILITIES TO BE LEASED TO PUBLIC OR PRIVATE ENTITIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1477.htm#1477.003","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"c8ac45c4707330f817012dad3d8a3c5cd6a29f13940e8bbc12a0c26a20a5d93a","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1477.002","next":"us-tx/tex.-government-code-1477.004"},"notice":"GroundRules: Original legal text. Not legal advice."}