Tex. Special District Local Laws Code § 1121.151
BUDGET
Texas · Texas Special District Local Laws Code · Status: effective
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- Citation
- Tex. Special District Local Laws Code § 1121.151, BUDGET, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/592156
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Full text
(a) The board and the district administrator shall jointly 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 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 required.