Section 344.203 - Annual Budget Proposal(a) The board shall propose an annual budget. The board shall consider the applications for program funding in preparing the proposed budget.(b) The proposed budget must contain a complete financial statement, including a statement of: (1) the outstanding obligations of the district;(2) the amount of cash on hand to the credit of each fund of the district;(3) the amount of money received by the district from all sources during the previous year;(4) the estimated amount of money available to the district from all sources during the current fiscal year;(5) the amount of money needed to fund programs approved for funding by the board;(6) the amount of money requested for programs that were not approved for funding by the board;(7) the tax rate for the next fiscal year;(8) the amount of the balances expected at the end of the year in which the budget is being prepared; and(9) the estimated amount of revenues and balances available to cover the proposed budget.Tex. Loc. Gov't. Code § 344.203
Added by Acts 2001, 77th Leg., ch. 1295, Sec. 1, eff. 6/1/2001.