What is the maximum percentage allowed for municipalities to collect for security on expenditures made and interests accruing on liens?

The correct answer, which states that the maximum percentage allowed for municipalities to collect for security on expenditures made and interests accruing on liens is 10%, aligns with Texas law regarding municipal liens. According to Texas statutes, municipalities are permitted to secure their interests related to certain types of expenditures, such as those related to public improvements or nuisances, by filing liens against the property.

The provision that allows for a maximum of 10% has been established to ensure a balance between the municipality's need to recover costs associated with maintaining public safety and property standards, and the rights of property owners. This regulation helps maintain a fair approach to costs incurred due to municipal actions taken on behalf of properties that may not comply with local codes.

This maximum percentage is explicitly stated in the applicable sections of municipal code enforcement laws, which serve to protect municipalities while offering a clear guideline for the amount they can collect.