(a) The district shall be operated on the basis of a fiscal year established by the board.
(b) The fiscal year may not be changed during a period in which revenue bonds of the district are outstanding or more than once in a 24-month period.
Tex. Water Code § 36.152
FISCAL YEAR
Added by Acts 1995, 74th Leg., ch. 933, Sec. 2, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.