Sec. 1108.155.  FISCAL YEAR.  (a)  The district operates according to a fiscal year established by the board.
(b)  The fiscal year may not be changed:
(1)  during a period that district revenue bonds are outstanding; or
(2)  more than once in any 24-month period.
Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.