Tex. Government Code § 2306.112
PREPARATION AND CONTENT OF ANNUAL BUDGET
Texas · Texas Government Code · Status: effective
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- Citation
- Tex. Government Code § 2306.112, PREPARATION AND CONTENT OF ANNUAL BUDGET, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/664015
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Full text
(a) On or before August 1 of each year, the director shall file with the board a proposed annual budget for the housing finance division for the succeeding fiscal year.
(b) The budget shall state:
(1) the general categories of expected expenditures from revenues and income of the housing finance division;
(2) the amount of expected expenditures for each category;
(3) expected operating expenses of the housing finance division; and
(4) the proposed use of projected year-end unencumbered balances.
(c) The budget may include a provision or reserve for contingencies or overexpenditures.