1003.151 – BUDGET. (a) Each year, the board shall prepare
Texas Special District Local Laws Code § 1003.151
Summary
This law requires the board of a special district to prepare an annual budget detailing proposed expenditures, estimated receipts, and necessary taxes. It also mandates a public hearing to discuss the budget, ensuring transparency and community involvement in financial planning.
Board must prepare an annual budget for the fiscal year.
Budget includes proposed expenditures, receipts, and tax requirements.
Public hearing is required at least 10 days after notice.
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In simple terms: Learn about Texas's BUDGET. (a) Each year, the board shall prepare 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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