(a) Before an annual budget described by Section 1117.201 is adopted, the board shall call a public hearing on the budget.
(b) Notice of the hearing must be published in a newspaper of general circulation in the district not later than the 10th day before the date of the hearing.

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Terms Used In Texas Special District Local Laws Code 1117.202

  • 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.
  • Year: means 12 consecutive months. See Texas Government Code 311.005

(c) After the budget is adopted, the following must be published one time in a newspaper of general circulation in the district:
(1) a brief form of the adopted budget by general heading;
(2) the annual budget for the preceding fiscal year in a form similar to the form described by Subdivision (1); and
(3) the actual expenditures for the preceding fiscal year, including fiscal year account balances.