Tex. Water Code Section 66.303
Annual Budget

(a)

The board shall prepare and approve an annual budget.

(b)

The budget shall contain a complete financial statement, including a statement of:

(1)

the outstanding obligations of the district;

(2)

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

(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 revenues and balances available to cover the proposed budget; and

(7)

the estimated tax rate that will be required.
Added by Acts 1985, 69th Leg., ch. 734, Sec. 1, eff. Sept. 1, 1985.

Source: Section 66.303 — Annual Budget, https://statutes.­capitol.­texas.­gov/Docs/WA/htm/WA.­66.­htm#66.­303 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 66.303’s source at texas​.gov