Texas Special District Local Laws Code
Sec. § 1068.151
Budget


(a)

The district administrator shall prepare a proposed annual budget for the district.

(b)

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

(1)

the outstanding obligations of the district;

(2)

the amount of cash on hand in each district fund;

(3)

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

(4)

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

(5)

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

(6)

the estimated amount of revenue and balances available to cover the proposed budget; and

(7)

the estimated tax rate required.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
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Last accessed
Jun. 9, 2018