{"data":{"id":"us-tx/tex.-government-code-1508.007","jurisdiction":"us-tx","citation":"Tex. Government Code § 1508.007","heading":"RECORDS.","body":"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:\n(1) show each free service provided in connection with the facility or land and the value of the service; and\n(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.\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.","path":["GOVERNMENT CODE","TITLE 9. PUBLIC SECURITIES","SUBTITLE J. SPECIFIC AUTHORITY FOR MUNICIPALITIES TO ISSUE SECURITIES","CHAPTER 1508. OBLIGATIONS FOR MUNICIPAL PARKS, RECREATIONAL FACILITIES, AND AIRPORTS","SUBCHAPTER A. OBLIGATIONS FOR PARKS, RECREATIONAL FACILITIES, AND AIRPORTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1508.htm#1508.007","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"e4e51279f3686be2ca00116451a0e609a103d8a6c2cff8d31840f417435ef6ee","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1508.006","next":"us-tx/tex.-government-code-1508.008"},"notice":"GroundRules: Original legal text. Not legal advice."}