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Texas Special District Local Laws Code

§ 1061.151 — BUDGET

SD § 1061.151Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1061. MIDLAND COUNTY HOSPITAL DISTRICT OF · Art. D. GENERAL FINANCIAL PROVISIONS

Statute text

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(a)Unless otherwise provided in a management agreement, the district administrator shall prepare an annual budget for approval by the board.
(b)The proposed budget must contain a complete financial statement of:
(1)the outstanding obligations of the district;
(2)the cash on hand in each district fund;
(3)the money received by the district from all sources during the previous year;
(4)the money available to the district from all sources during the ensuing year;

Legislative history

Acts 2019, 86th Leg., R.S., Ch. 560 (S.B. 1621), Sec. 5, eff. September 1, 2019. Acts 2019, 86th Leg., R.S., Ch. 714 (H.B. 279), Sec. 2, eff. June 10, 2019.

Source: Texas Special District Local Laws Code § 1061.151 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.