(a) A subregional board created under Subchapter O governing an authority consisting of one subregion shall contract every fourth state fiscal year beginning with the 1995-1996 fiscal year for a performance audit of the authority to be conducted by a firm that has experience in reviewing the performance of transit agencies.(b) The purposes of the audit are to provide:(1) evaluative information necessary for the performance of oversight functions by state and local officers; and(2) information to the authority to assist in making changes for the improvement of the efficiency and effectiveness of authority operations.(c) Each audit must include an examination of:(1) one or more of the following:(A) the administration and management of the authority;(B) transit operations; or(C) transit authority system maintenance;(2) the authority's compliance with applicable state law, including this chapter; and(3) the following performance indicators:(A) subsidy per passenger, operating cost per revenue mile, and operating cost per revenue hour;(B) sales and use tax receipts per passenger;(C) fare recovery rate;(D) number of passengers per

cators:(A) subsidy per passenger, operating cost per revenue mile, and operating cost per revenue hour;(B) sales and use tax receipts per passenger;(C) fare recovery rate;(D) number of passengers per hour;(E) on-time performance;(F) number of collisions per 100,000 miles; and(G) number of miles between mechanical service calls.(d) A subject described under Subsection (c)(1) must be examined at least once in every third audit. Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.Amended by: Acts 2007, 80th Leg., R.S., Ch. 118 (S.B. 1077), Sec. 1, eff. May 17, 2007.Acts 2023, 88th Leg., R.S., Ch. 709 (H.B. 2190), Sec. 13, eff. September 1, 2023.