1. (a) A zoo board shall propose an annual budget.

2. (b) The proposed budget must contain a complete financial statement, including the:

   1. (1) outstanding zoo board obligations;
   2. (2) amount of cash on hand to the credit of each zoo board fund;
   3. (3) amount of money received by the zoo board from all sources during the previous year;
   4. (4) estimated amount of money available to the zoo board from all sources during the current fiscal year;
   5. (5) amount of money needed to fund programs approved for funding by the zoo board;
   6. (6) amount of the balances expected at the end of the fiscal year in which the budget is being prepared; and
   7. (7) estimated amount of revenue and balances available to cover the proposed budget.

Added by Acts 2003, 78th Leg., ch. 1235, Sec. 1, eff. June 20, 2003.