(a) Within 30 days after the election results are filed under Section 1049.304, the commissioners court shall employ an independent audit of the dissolved district’s assets and liabilities.
(b) Within 10 days after the audit is completed, the commissioners court shall:
(1) publish a copy of the audit in a newspaper of general circulation in the district; and
(2) by declaration:
(A) formally transfer the assets of the dissolved district to Kimble County; and
(B) formally declare the county liable for all debts and liabilities incurred by the dissolved district.

(c) The declarations shall be published in a newspaper of general circulation within 10 days after the declarations are made.
(d) Any assets transferred to Kimble County shall be used to benefit the citizens formerly in the district.