Tex. Spec. Dists. Code § 1054.160
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Except as otherwise provided by Section 1054.107(c) and by Subchapter E, the district may not incur an obligation payable from district revenue other than the revenue on hand or to be on hand in the current and immediately following district fiscal years.
Tex. Spec. Dist. Loc. Laws § 1054.160