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Texas Special District Local Laws Code

§ 1001.301 — BUDGET

SD § 1001.301Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1001. CITY OF AMARILLO HOSPITAL DISTRICT · Art. G. GENERAL FINANCIAL PROVISIONS

Statute text

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(a)The district administrator, under the direction of the board, shall prepare an annual budget.
(b)The governing body and the board shall:
(1)provide in each annual budget for the payment of all operation and maintenance expenses of the district; and
(2)consider the estimated excess revenues and income from hospital facilities available for paying the operation and maintenance expenses after providing for the principal, interest, and reserve requirements of revenue bonds issued for the district.
(c)The budget must be approved by the board and presented to the governing body for final approval.
(d)The governing body must approve all budget revisions.

Legislative history

Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.01, eff. April 1, 2007.

Source: Texas Special District Local Laws Code § 1001.301 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.