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Texas Special District Local Laws Code - SDLL § 1001.301. Budget

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) The district administrator, under the direction of the board, shall prepare an annual budget.

(b) The governing body and the board shall:

(1) provide in each annual budget for the payment of all operation and maintenance expenses of the district; and

(2) consider the estimated excess revenues and income from hospital facilities available for paying the operation and maintenance expenses after providing for the principal, interest, and reserve requirements of revenue bonds issued for the district.

(c) The budget must be approved by the board and presented to the governing body for final approval.

(d) The governing body must approve all budget revisions.

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Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 1001.301. Budget - last updated January 01, 2024 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-1001-301/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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