Tex. Spec. Dist. Code § 1086.155 – Fiscal Year

(a) The district operates according to 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 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.