Tex. Local Gov't Code Section 103.001
Annual Audit; Financial Statement


(a)

A municipality shall have its records and accounts audited annually and shall have an annual financial statement prepared based on the audit.

(b)

A municipality subject to Section 16.356 (Use of Revenue from Operation of Water Supply or Sewer Service Projects), Water Code, must include in its financial statement a specific report on compliance with that section.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987. Amended by Acts 1999, 76th Leg., ch. 404, Sec. 1, eff. Sept. 1, 1999.

Source: Section 103.001 — Annual Audit; Financial Statement, https://statutes.­capitol.­texas.­gov/Docs/LG/htm/LG.­103.­htm#103.­001 (accessed May 18, 2024).

Accessed:
May 18, 2024

§ 103.001’s source at texas​.gov