Terms Used In Texas Special District Local Laws Code 1061.158

  • 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 each fiscal year, the district administrator or the managing entity of the hospital shall prepare for the board:
(1) a complete sworn statement of all district money; and
(2) a complete account of the disbursements of that money.