Tex. Local Government Code § 325.063
This is the official text of Tex. Local Government Code § 325.063, part of Texas’s Local Government Code — governs the powers and operations of Texas cities and counties.
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§ 325.063. ANNUAL BUDGET.
Official statutory text
(a) The board shall prepare and approve an annual budget.
(b) The budget must contain a complete financial statement, including a statement of the:
(1) outstanding obligations of the district;
(2) amount of cash on hand to the credit of each fund of the district;
(3) amount of money received by the district from all sources during the previous year;
(4) amount of money estimated to be available to the district from all sources during the ensuing year;
(5) amount of the balances expected at the end of the year in which the budget is being prepared; and
(6) estimated amount of revenues and balances available to cover the proposed budget.
(b) The budget must contain a complete financial statement, including a statement of the:
(1) outstanding obligations of the district;
(2) amount of cash on hand to the credit of each fund of the district;
(3) amount of money received by the district from all sources during the previous year;
(4) amount of money estimated to be available to the district from all sources during the ensuing year;
(5) amount of the balances expected at the end of the year in which the budget is being prepared; and
(6) estimated amount of revenues and balances available to cover the proposed budget.
Status: in_force · Read it on the official government site
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