Texas Special District Local Laws Code 3831.155 – Accounts; Fiscal Year
Current as of: 2024 | Check for updates
|
Other versions
(a) The district may establish an accounting system for the district for each year.
(b) The district may establish a fiscal year for the district.
Terms Used In Texas Special District Local Laws Code 3831.155
- 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