The referendum provisions prescribed by Section 252.045 do not apply to expenditures that are payable:

1. (1) from current funds;
2. (2) from bond funds; or

3. (3) by time warrants unless the amount of the time warrants issued by the municipality for all purposes during the current calendar year exceeds:

   1. (A) $7,500 if the municipality's population is 5,000 or less;
   2. (B) $10,000 if the municipality's population is 5,001 to 24,999;
   3. (C) $25,000 if the municipality's population is 25,001 to 49,999; or
   4. (D) $100,000 if the municipality's population is more than 50,000.

Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.

Amended by Acts 1991, 72nd Leg., ch. 109, Sec. 1, eff. Aug. 26, 1991.