Fund 0879 – Capitol Local Operating Trust Fund

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Legal Citations:

Government Code sec. 443.0101, sec. 443.013, sec. 443.0131, sec. 443.0132, sec. 443.0133

Origin Date: 1997

Issue Date: 1997-03-25

Revised Date: 2011-09-01

Purpose

The capitol fund was established in 1989 as a trust held outside the treasury in Safekeeping Trust to receive donations, proceeds from surplus property sales, vending and gift/souvenir shop revenues. This fund established with treasury in the Uniform Statewide Accounting System to facilitate processing and reporting of expenditures from gift/souvenir shop sales, including payroll, through the Uniform Statewide Payroll System.

Classification	Group 08: Trust Funds [?]
Depository Interest	Credited to General Revenue Fund (0001)
Disposition of Balance	Accumulative
Appropriation Technique	Not appropriated for state expenditure.

Administering Agencies

809 – State Preservation Board

Financial Activity

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

Notes

Amended by Acts 1989, 71st Leg. ch. 1039 § 3.17;
Title changed from Capitol Gift Shops Trust Fund and classification changed per Fiscal Management policy on local funds,
eff. 9-1-11.

USAS Values

USAS Title	CAPITOL LOCAL TRUST FUND
Consolidated Fund
State Fund Group	13 - LOCAL TRUST
USAS Status	A

Those funds created to account for assets held by the state in a trustee capacity for individuals, private organizations or other governmental entities

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