Texas § TN.451.133 - OPERATING EXPENSES AND CAPITAL EXPENDITURES
Full text of Texas The Texas Constitution § TN.451.133 — OPERATING EXPENSES AND CAPITAL EXPENDITURES, with citation guidance and answers to common questions.
§ TN.451.133. OPERATING EXPENSES AND CAPITAL EXPENDITURES
OPERATING EXPENSES AND CAPITAL EXPENDITURES. (a) An authority may not spend for capital improvements money in excess of the total amount allocated for major capital expenditures in the annual budget. (b) The board shall adopt rules requiring each major department of the authority to report quarterly on operating expenses and capital expenditures of the department. (c) The board shall establish a system for tracking the progress of the authority's capital improvement projects. (d) The board shall maintain, update, and post on the authority's Internet website accounting records for each authority account, including: (1) the account's balance at the end of the fiscal year; (2) deposits to the account; (3) account expenditures; and (4) interest income to the account. Added by Acts 2011, 82nd Leg., R.S., Ch. 1327 (S.B. 650 ), Sec. 1, eff. June 17, 2011.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § TN.451.133
What does The Texas Constitution § TN.451.133 cover?
Section TN.451.133 ("OPERATING EXPENSES AND CAPITAL EXPENDITURES") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § TN.451.133?
A common citation format is "The Texas Constitution § TN.451.133" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § TN.451.133 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.