Sec. 1072.154. FISCAL YEAR  


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

    (b) The fiscal year may not be changed:

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

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

Added by Acts 2009, 81st Leg., R.S., Ch. 876 , Sec. 3.01, eff. June 19, 2009.