Texas Special District Local Laws Code 1067.151 – Budget
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Terms Used In Texas Special District Local Laws Code 1067.151
- 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.
- Year: means 12 consecutive months. See Texas Government Code 311.005
Not later than the 30th day before the first day of each fiscal year, the board shall have an annual budget prepared for that fiscal year.