Issue Date: 2003-07-01
Revised Date: 2011-09-01

Legal Citations

Origin:

2003 by H.B. 1875 and HB 3318, 78th Leg., R.S.

Purpose

Created as a special fund composed of appropriations, bond proceeds, loan repayments, transfers, interest earned, money transferred from the water assistance fund in accordance with § 15.011(b), gifts, grants and donations, and any other fees or sources of revenue directed by the legislature. Used to provide low-interest, zero interest, negative interest loans, loan forgiveness, or grants to rural political subdivisions for water or water-related projects and for water quality enhancement projects to enable subdivisions to obtain water or wastewater service supplied by political subdivisions. The Board may use fund to contract for outreach, financial and technical assistance to assist rural political subdivisions in obtaining and using financing from the fund.
Classification Group 04: Pledged Funds [?]
Depository Interest Retained in appropriated fund.
Disposition of Balance Accumulative
Appropriation Technique General Appropriations Act

Administering Agencies

Financial Activity

To view this appropriated fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:

Note

Was established previously as GR Account -- Rural Water Assistance (5068).
Use and source of funds expanded by S.B. 360, 82nd Leg., R.S.

USAS Values

USAS Title RURAL WATER ASSISTANCE FUND
Consolidated Fund
State Fund Group 04 - PLEDGED FUNDS
USAS Status A
Created by bond resolution requirements which specify the maintenance of separate funds to account for the bond program.