Tex. Spec. Dist. Code § 1122.154 – 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 in which revenue bonds of the district are outstanding; or
2. (2) more than once in a 24-month period.

Added by Acts 2013, 83rd Leg., R.S., Ch. 1306 (H.B. 3793), Sec. 5, eff. September 1, 2013.