Section 1094.205. Fiscal Year

TX Spec Dist Code § 1094.205 (2019) (N/A)
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Sec. 1094.205. FISCAL YEAR. (a) The district operates according to a fiscal year that begins on October 1 and ends on September 30, or as established by the board.

(b) The fiscal year may not be changed if revenue bonds of the district are outstanding or more than once in a 24-month period.

Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.

Amended by:

Acts 2013, 83rd Leg., R.S., Ch. 692 (H.B. 2688), Sec. 9, eff. June 14, 2013.