1007.154 – ANNUAL AUDIT. (a) The board annually shall
Texas Special District Local Laws Code § 1007.154
Summary
This law mandates that the board of a special district conduct an independent audit of its financial records annually. The audit must be submitted to both the comptroller and the district by December 1 each year, ensuring transparency and accountability in financial management.
Annual independent audits are required for special districts.
Audits must be filed by December 1 each year.
Copies are submitted to the comptroller and the district.
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In simple terms: Learn about Texas's ANNUAL AUDIT. (a) The board annually shall 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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