Sec. 3858.157. ACCOUNTING. (a) On the conclusion of each fiscal year, the board shall obtain from an independent entity a review of the district's financial activities for the preceding fiscal year.
(b) Not later than September 1, the board annually shall submit to the commissioners court a written report containing:
(1) the findings of a review under Subsection (a);
(2) if not included in the review, accounting records of the preceding fiscal year; and
(3) a summary of the activities of the district during the preceding fiscal year.
(c) Expired.
Added by Acts 2009, 81st Leg., R.S., Ch. 1203 (H.B. 4825), Sec. 1, eff. June 19, 2009.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3858 - Driftwood Economic Development Municipal Management District
Subchapter D. General Financial Provisions
Section 3858.151. Disbursements and Transfers of Money
Section 3858.1521. Bonds and Other Obligations
Section 3858.1522. Elections Regarding Bonds
Section 3858.153. Ad Valorem Tax; Election
Section 3858.154. Assessments; Liens for Assessments
Section 3858.155. Sales and Use Tax; Election