Texas Special District Local Laws Code 3858.157 – Accounting
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(a) On the conclusion of each fiscal year, the board shall obtain from an independent entity a review of the district’s financial activities for the preceding fiscal year.
(b) Not later than September 1, the board annually shall submit to the commissioners court a written report containing:
(1) the findings of a review under Subsection (a);
(2) if not included in the review, accounting records of the preceding fiscal year; and
(3) a summary of the activities of the district during the preceding fiscal year.
Terms Used In Texas Special District Local Laws Code 3858.157
- 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.
- Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005
- Year: means 12 consecutive months. See Texas Government Code 311.005
(c) Expired.