The board shall prepare a budget that includes:

1. (1) proposed expenditures and disbursements;
2. (2) estimated receipts and collections for the next fiscal year; and
3. (3) the amount of taxes required to be imposed to meet the proposed budget.

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.