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Terms Used In Texas Special District Local Laws Code 1045.158

  • 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

As soon as practicable after the close of the fiscal year, the district administrator or other district agent responsible for the district’s financial affairs shall prepare for the board:
(1) a sworn statement of the amount of district money; and
(2) an account of the disbursements of that money.