Texas Agriculture Code 50B.0025 – Annual Plan and Budget
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Terms Used In Texas Agriculture Code 50B.0025
- 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
Not later than November 1 of each year, the commissioner shall prepare for the current fiscal year:
(1) a schedule and plan of action designed to implement and further the objectives of this chapter and Chapter 110, Alcoholic Beverage Code; and
(2) a budget and prioritized spending plan for expenditures of the wine industry development fund.