Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 452.454 - Performance Audits: Certain Authorities(a) A subregional board created under Subchapter O governing an authority consisting of one subregion shall contract every fourth state fiscal year beginning with the 1995-1996 fiscal year for a performance audit of the authority to be conducted by a firm that has experience in reviewing the performance of transit agencies.(b) The purposes of the audit are to provide: (1) evaluative information necessary for the performance of oversight functions by state and local officers; and(2) information to the authority to assist in making changes for the improvement of the efficiency and effectiveness of authority operations.(c) Each audit must include an examination of: (1) one or more of the following: (A) the administration and management of the authority; (B) transit operations; or (C) transit authority system maintenance; (2) the authority's compliance with applicable state law, including this chapter; and (3) the following performance indicators: (A) subsidy per passenger, operating cost per revenue mile, and operating cost per revenue hour; (B) sales and use tax receipts per passenger; (D) number of passengers per hour; (F) number of collisions per 100,000 miles; and (G) number of miles between mechanical service calls. (d) A subject described under Subsection (c)(1) must be examined at least once in every third audit.Tex. Transp. Code § 452.454
Amended by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 709,Sec. 13, eff. 9/1/2023.Amended by: Acts 2007, 80th Leg., R.S., Ch. 118 (S.B. 1077), Sec. 1, eff. May 17, 2007 Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.