{"data":{"id":"us-tx/tex.-local-government-code-281.061","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 281.061","heading":"FISCAL YEAR; AUDIT.","body":"(a) The fiscal year of an authority is a calendar year, unless it is changed by the board.\n(b) An authority shall keep a complete system of accounts. An independent certified public accountant or a firm of independent certified public accountants shall prepare an audit of an authority's affairs each year. A signed copy of the audit report shall be delivered to each member of the board within 120 days after the last day of the fiscal year. A copy of the audit shall be kept on file at the authority office and, as a public record, is open for inspection by any interested person during normal office hours.\nActs 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.","path":["LOCAL GOVERNMENT CODE","TITLE 9. PUBLIC BUILDINGS AND GROUNDS","SUBTITLE A. MUNICIPAL PUBLIC BUILDINGS AND GROUNDS","CHAPTER 281. MUNICIPAL CIVIC CENTER AUTHORITIES","SUBCHAPTER D. POWERS AND DUTIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.281.htm#281.061","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"bd4588bb8b293882bece7cde1485ba589ee415db43577df110567e62040839b0","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-281.060","next":"us-tx/tex.-local-government-code-281.062"},"notice":"GroundRules: Original legal text. Not legal advice."}