Issue Date: 1997-03-25
Revised Date: 2011-09-01

Legal Citations

Origin:

1997

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

Financial Activity

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

Note

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