Texas § 2306.112 PREPARATION AND CONTENT OF ANNUAL BUDGET.

Texas Statutes

§ 2306.112 — PREPARATION AND CONTENT OF ANNUAL BUDGET.

Texas § 2306.112

Code GVGovernment Code

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Bluebook

Tex. Government Code Code Ann. § 2306.112 (2026).

Text

Sec. 2306.112. PREPARATION AND CONTENT OF ANNUAL BUDGET.

(a)On or before August 1 of each year, the director shall file with the board a proposed annual budget for the housing finance division for the succeeding fiscal year.

(b)The budget shall state:

(1)the general categories of expected expenditures from revenues and income of the housing finance division;

(2)the amount of expected expenditures for each category;

(3)expected operating expenses of the housing finance division; and

(4)the proposed use of projected year-end unencumbered balances.

(c)The budget may include a provision or reserve for contingencies or overexpenditures.

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Sec. 2306.112. PREPARATION AND CONTENT OF ANNUAL BUDGET. (a) On or before August 1 of each year, the director shall file with the board a proposed annual budget for the housing finance division for the succeeding fiscal year.
(b) The budget shall state:
(1) the general categories of expected expenditures from revenues and income of the housing finance division;
(2) the amount of expected expenditures for each category;
(3) expected operating expenses of the housing finance division; and
(4) the proposed use of projected year-end unencumbered balances.
(c) The budget may include a provision or reserve for contingencies or overexpenditures.