Tex. Special District Local Laws Code § 1001.301
This is the official text of Tex. Special District Local Laws Code § 1001.301, part of Texas’s Special District Local Laws Code — consolidates the individual laws creating Texas's special-purpose local government districts.
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§ 1001.301. BUDGET.
Official statutory text
(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.
(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.
Status: in_force · Read it on the official government site
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