Texas § ED.44.007 - ACCOUNTING SYSTEM
Full text of Texas The Texas Constitution § ED.44.007 — ACCOUNTING SYSTEM, with citation guidance and answers to common questions.
§ ED.44.007. ACCOUNTING SYSTEM
ACCOUNTING SYSTEM; REPORT. (a) A standard school fiscal accounting system must be adopted and installed by the board of trustees of each school district. The accounting system must conform with generally accepted accounting principles. (b) The accounting system must meet at least the minimum requirements prescribed by the commissioner, subject to review and comment by the state auditor. (c) A record must be kept of all revenues realized and of all expenditures made during the fiscal year for which a budget is adopted. A report of the revenues and expenditures for the preceding fiscal year shall be filed with the agency on or before the date set by the State Board of Education. (d) The State Board of Education shall require each district, as part of the report required by this section, to include management, cost accounting, and financial information in a format prescribed by the board and in a manner sufficient to enable the board to monitor the funding process and determine educational system costs by district, campus, and program. (e) Expired. (f) Expired. Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995. Amended by: Acts 2006, 79th Leg., 3rd C.S., Ch. 5 (H.B. 1 ), Sec. 2.08, eff. May 31, 2006.
Frequently Asked Questions About Texas § ED.44.007
What does The Texas Constitution § ED.44.007 cover?
Section ED.44.007 ("ACCOUNTING SYSTEM") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § ED.44.007?
A common citation format is "The Texas Constitution § ED.44.007" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § ED.44.007 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.