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Tex. Special District Local Laws Code § 1028.151

BUDGET

Texas · Texas Special District Local Laws Code · Status: effective

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Tex. Special District Local Laws Code § 1028.151, BUDGET, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/586359
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(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.