Texas Special District Local Laws Code Chapter 1049 > Subchapter D – General Financial Provisions
Current as of: 2024 | Check for updates
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§ 1049.151 | Budget |
§ 1049.152 | Proposed Budget: Notice and Hearing |
§ 1049.153 | Fiscal Year |
§ 1049.154 | Annual Audit |
§ 1049.155 | Depository |
§ 1049.156 | Authority to Borrow Money; Security |
Terms Used In Texas Special District Local Laws Code Chapter 1049 > Subchapter D - General Financial Provisions
- Annual percentage rate: The cost of credit at a yearly rate. It is calculated in a standard way, taking the average compound interest rate over the term of the loan so borrowers can compare loans. Lenders are required by law to disclose a card account's APR. Source: FDIC
- Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
- 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.