Sec. 1032.155. FISCAL YEAR  


Latest version.
  • (a) The district operates on a fiscal year established by the board.

    (b) The fiscal year may not be changed:

    (1) during a period that revenue bonds of the district are outstanding; or

    (2) more than once in a 24-month period.

Added by Acts 2007, 80th Leg., R.S., Ch. 920 , Sec. 1.02, eff. April 1, 2009.