(a) The district operates according to a fiscal year established by the board.(b) The fiscal year may not be changed:(1) during a period that district revenue bonds are outstanding; or(2) more than once in a 24-month period. Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.
Texas Legal Code