116.117 – STATEMENTS OF ACCOUNT. A depository shall make a
Texas Local Government Code § 116.117
Summary
This law requires depositories to provide a detailed monthly statement to the commissioners court. The statement must include the daily balance of each fund on deposit, ensuring transparency and accountability in financial management.
Depositories must submit monthly statements to the commissioners court.
Statements must detail daily balances of all funds.
Promotes financial transparency for local government funds.
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In simple terms: Learn about Texas's STATEMENTS OF ACCOUNT. A depository shall make a law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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