Tex. Spec. Dist. Code § 1028.155 – Fiscal Year

(a) The district operates on a fiscal year established by the board.
(b) The fiscal year may not be changed:
1. (1) during a period that revenue bonds of the district are outstanding; or
2. (2) more than once in a 24-month period.

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