Texas Special District Local Laws Code 1076.155 – Financial Report
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(a) As soon as practicable after the close of each fiscal year, the district administrator shall prepare a report that includes:
(1) a complete sworn statement of all district money;
(2) a complete account of the disbursements of that money during the previous fiscal year; and
(3) the details of district operation during the previous fiscal year.
(b) The district administrator shall make the report to the board.
Terms Used In Texas Special District Local Laws Code 1076.155
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- sworn: includes affirm or affirmed. See Texas Government Code 312.011
- Year: means 12 consecutive months. See Texas Government Code 311.005
