Texas Local Government Code
§ 103.001 — ANNUAL AUDIT; FINANCIAL STATEMENT
LG § 103.001Title 4. FINANCES · Part A. MUNICIPAL FINANCES · Ch. 103. AUDIT OF MUNICIPAL FINANCES
Statute text
View on source(a)A municipality shall have its records and accounts audited annually and shall have an annual financial statement prepared based on the audit.
(b)A municipality subject to Section 16.356, Water Code, must include in its financial statement a specific report on compliance with that section.
Legislative history
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987. Amended by Acts 1999, 76th Leg., ch. 404, Sec. 1, eff. Sept. 1, 1999.