Tex. Local Government Code § 301.007

This is the official text of Tex. Local Government Code § 301.007, part of Texas’s Local Government Code — governs the powers and operations of Texas cities and counties.

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§ 301.007. FINANCIAL STATEMENT AND BUDGET.

Official statutory text

(a) Each year the board shall prepare and present to the commissioners court of the county and the governing body of the municipality a complete financial statement about the condition of the recreational or cultural facility and a proposed budget for the anticipated financial needs of the recreational or cultural facility for the next year.

(b) On the basis of the financial statement and budget, the commissioners court of the county and the governing body of the municipality may appropriate to the board an amount of money that the commissioners court of the county and the governing body of the municipality consider proper and necessary for the operation of the recreational or cultural facility.

Status: in_force · Read it on the official government site

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