Texas Government Code 840.007 – Report
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Terms Used In Texas Government Code 840.007
- 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
Annually, the retirement system shall publish a report containing the following information:
(1) the retirement system’s fiscal transactions of the preceding fiscal year;
(2) the amount of the system’s accumulated cash and securities; and
(3) the balance sheet showing the financial condition of the system for the preceding fiscal year.