Texas Statutes (Last Updated: January 4, 2014) |
SPECIAL DISTRICT LOCAL LAWS CODE |
Title 4. DEVELOPMENT AND IMPROVEMENT |
Subtitle C. DEVELOPMENT, IMPROVEMENT, AND MANAGEMENT |
Chapter 3858. DRIFTWOOD ECONOMIC DEVELOPMENT MUNICIPAL MANAGEMENT DISTRICT |
Subchapter D. GENERAL FINANCIAL PROVISIONS |
Sec. 3858.157. ACCOUNTING
Latest version.
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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.
(c) Expired.
Added by Acts 2009, 81st Leg., R.S., Ch. 1203 , Sec. 1, eff. June 19, 2009.