Texas Local Government Code 363.260 – Results of Referendum
(a) If less than a majority of the votes cast in a continuation referendum are for the continuation of a district or if a majority of the votes cast in a dissolution referendum are for dissolution of the district:
(1) the board shall certify that fact to the secretary of state not later than the 10th day after the date of the canvass of the returns; and
(2) the district is dissolved and ceases to operate on the earlier of:
(A) the last day of the district’s fiscal year; or
(B) the 180th day after the date that the continuation or dissolution referendum is held.
(b) If a majority of the votes cast in a continuation referendum are for the continuation of the district or if less than a majority of the votes cast in a dissolution referendum are for dissolution of the district, another referendum may not be held except as authorized by § 363.251.
Terms Used In Texas Local Government Code 363.260
- 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.