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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The executive committee of an authority created by a contiguous municipality shall, not later than the 60th day before the beginning of the authority's fiscal year, deliver to the governing body of the contiguous municipality a proposed budget for the authority's fiscal year.
(b) The budget for the authority is not effective until the budget is approved by the governing body of the contiguous municipality. An approved budget is the budget for the authority for the fiscal year, and each change in the budget must be approved by the governing body of the contiguous municipality.
Cite this article: FindLaw.com - Texas Transportation Code - TRANSP § 452.114. Budget in Authority Created by Contiguous Municipality - last updated January 01, 2024 | https://codes.findlaw.com/tx/transportation-code/transp-sect-452-114/
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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