(a) The district shall have an independent audit made of the district’s financial condition for the fiscal year.
(b) As soon as the audit is completed, the audit shall be filed at the district’s office.

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Terms Used In Texas Special District Local Laws Code 1093.156

  • 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.