1 Texas Administrative Code § 53.8 – Appropriated Funds and Capitalized Interest When an issuer must pay debt service on a proposed ad valorem tax public security or combination ad valorem tax and revenue public security before the initial tax levy can be collected, the issuer must provide certification that the issuer has appropriated lawfully…
1 Texas Administrative Code § 53.7 – Transcripts of Combination Tax and Revenue Public Securities Generally, transcripts for proposed public securities supported by a combination of ad valorem taxes and other revenues shall meet the transcript requirements for both ad valorem tax public securities and revenue public securities as provided by this chapter.
1 Texas Administrative Code § 53.6 – Satisfaction of Coverage The maximum annual debt service reflected in the debt retirement schedule may not exceed: (1) for proposed public securities supported in whole or in part by ad valorem taxes, the product of the bond allowable rate, the applicable collection rate, and the issuer’s most recent…
1 Texas Administrative Code § 53.5 – Determination of Bond Allowable Rate The following apply to determinations of the ad valorem tax bond allowable rate: (1) “bond allowable rate” means the portion of the maximum authorized tax rate available for debt service; (2) except as provided below, and except for good cause shown, all political…
1 Texas Administrative Code § 53.4 – Financial Publications The following financial publications circulated within the State of Texas are approved for publication of notices of public security sales: (1) The Texas Bond Reporter; (2) The Bond Buyer; and (3) The Wall Street Journal.
1 Texas Administrative Code § 53.3 – Content of Transcripts (a) Transcript Requirements. Each transcript shall include the following, as applicable:(1) Initial Public Securities. The initial public securities executed in accordance with applicable law; (2) Authorizing Document. The authorizing ordinance, order or resolution and, as applicable, indenture of trust for the proposed public securities, including…
1 Texas Administrative Code § 53.2 – Form of Records Records of proceedings shall be submitted to the Public Finance Division of the Office of the Attorney General. All records of proceedings shall conform to the following requirements: (1) each transcript shall be submitted in an appropriately sized expanding file folder; (2) the transcript page…
1 Texas Administrative Code § 53.1 – Application (a) General Application. This subchapter applies to all proposed public securities and records of proceedings submitted by issuers, other than nonprofit corporations and other conduit issuers, to the Office of the Attorney General for review, as required by Chapter 1202 of the Government Code or other applicable…
1 Texas Administrative Code § 52.3 – Employee Education and Training (a) The agency may use state funds to provide education and training for its employees in accordance with the State Employees Training Act (Texas Government Code, §§ RSA 656.041 – RSA 656.104) . (b) The education or training shall be related to the employee’s…
1 Texas Administrative Code § 52.2 – Family Leave Pool A family leave pool is established to allow eligible employees to apply for leave time to bond with and care for children during a child’s first year following birth, adoption, or foster placement; and caring for a seriously ill family member or the employee, including…