(a) The district's fiscal year begins on October 1 and ends on September 30, unless otherwise established by the board.(b) The fiscal year may not be changed:(1) during a period that revenue bonds of the district are outstanding; or(2) more than once in a 24-month period. Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.Amended by: Acts 2013, 83rd Leg., R.S., Ch. 330 (H.B. 1969), Sec. 8, eff. June 14, 2013.
Texas Legal Code