Texas Special District Local Laws Code Chapter 1112 > Subchapter D – General Financial Provisions
Current as of: 2024 | Check for updates
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Other versions
| § 1112.151 | Budget |
| § 1112.152 | Fiscal Year |
| § 1112.153 | Audit |
| § 1112.154 | Financial Report |
| § 1112.155 | Depository |
Terms Used In Texas Special District Local Laws Code Chapter 1112 > Subchapter D - General Financial Provisions
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- 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.
- sworn: includes affirm or affirmed. See Texas Government Code 312.011
- Year: means 12 consecutive months. See Texas Government Code 311.005