8. The Board then considered a Resolution Authorizing the Use of Surplus
Official Roll-Call Vote
Staff Report & Agenda Item Details
Funds, whereby the District would use $475,000.00 in surplus construction funds from several prior bond sales to perform major repairs needed on the District's sanitary sewer facilities. The Board discussed that such use of surplus funds under these circumstances is authorized by the Texas Administrative Code, Accordingly, upon motion duly made, seconded, and unanimously carried, the Board approved the resolution as presented.
Bastiat Liberty & Property Rights Analysis
This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.2/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.