81st Texas Legislature, Regular Session, Senate Bill 1540, Chapter 85 Page: 101 of 126
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S.B. No. 540 .
1 Sec. 174.209. RAIL TRANSPORTATION SERVICES AGREEMENTS WITH
2 OTHER POLITICAL SUBDIVISIONS. A district may contract with a
3 county or other political subdivision of this state for the
4 district to provide commuter rail transportation services to an
5 area outside the district on terms to which the parties agree.
6 (V.A.C.S. Art. 6550c-3, Sec. 4(m).)
7 [ Sections 174.210-174.250 reserved for expansion]
8 SUBCHAPTER F. FINANCIAL PROVISIONS
9 Sec. 174.251. FISCAL YEAR. Unless the board changes the
10 fiscal year, the district's fiscal year ends on September 30.
11 (V.A.C.S. Art. 6550c-3, Sec. 4(o) (part).)
12 Sec. 174.252. ANNUAL BUDGET. (a) Before beginning the
13 operation of commuter rail facilities, the board shall adopt an
14 annual operating budget specifying the district's anticipated
15 revenue and expenses for the remainder of the fiscal year. The
16 dist rict shall adopt an operating budget for each succeeding fiscal
17 ye r.
18 (b) The board must hold a public hearing before adopting
19 eacl budget except the initial budget. Notice of the hearing must
20 b published at least seven days before the date of the hearing in a
21 newspaper of general circulation in the district.
22 (c) A budget may be amended at any time if notice of the
23 proposed amendment is given in the notice of the meeting at which
24 the amendment will be considered.
25 (d) An expenditure that is not budgeted may not be made.
26 'V A.:C ,S. Art. 6550c-3, Sec. 4(o) (part).)
27 Sec. 174.253. GRANS AND LOANS. A district may accept
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Texas. Legislature. Senate. 81st Texas Legislature, Regular Session, Senate Bill 1540, Chapter 85, legislative document, May 20, 2009; [Austin, Texas]. (texashistory.unt.edu/ark:/67531/metapth310917/m1/101/: accessed November 18, 2018), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting UNT Libraries Government Documents Department.