Tex. Local Gov't Code Section 325.063
Annual Budget

(a)

The board shall prepare and approve an annual budget.

(b)

The budget must contain a complete financial statement, including a statement of the:

(1)

outstanding obligations of the district;

(2)

amount of cash on hand to the credit of each fund of the district;

(3)

amount of money received by the district from all sources during the previous year;

(4)

amount of money estimated to be available to the district from all sources during the ensuing year;

(5)

amount of the balances expected at the end of the year in which the budget is being prepared; and

(6)

estimated amount of revenues and balances available to cover the proposed budget.
Added by Acts 1989, 71st Leg., ch. 437, Sec. 1, eff. Aug. 28, 1989.

Source: Section 325.063 — Annual Budget, https://statutes.­capitol.­texas.­gov/Docs/LG/htm/LG.­325.­htm#325.­063 (accessed May 18, 2024).

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Accessed:
May 18, 2024

§ 325.063’s source at texas​.gov