State of Texas – Fiscal Management

Manual of Accounts

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Expenditure Object 7808 – Arbitrage

 

Object Type: Cash — Other Expenditures
Reference:
Issue Date: 1993-01-01
Revised Date:

Description


To record the payment to the Federal Government for earnings on bond proceeds which exceed the yield on the bonds.


Notes




USAS Values


Appropriation Year 26
USAS Title ARBITRAGE
Object Group 10 – Expenditures
USAS Status A
Rev/Exp Category 04 – OTHER EXPENDITURES



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