Sec. 1077.151. BUDGET. (a) The district administrator shall prepare an annual budget for approval by the board. (b) The budget must be for the next fiscal year and must include: (1) proposed expenditures and disbursements; (2) estimated receipts and collections; and (3) the amount of taxes required to be imposed for the year. Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.