Fund 0972 – Improved Mobility of Elderly and Handicapped Trust Account

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Legal Citations:

Government Code sec. 404.069
Federal Urban Mass Transportation Act of 1964, as amended

Origin Date: 1975

Issue Date:

Revised Date:

Purpose

To hold in trust money deposited to administer the Federal Capitol Assistance Grants to Private Non-Profit Organizations for Improved Mobility of Elderly and Handicapped Program under Section 16(b)(2), Urban Mass Transportation Act of 1964, as amended. Money expended in the form of grants according to agreements between the Texas Dept. of Transportation, the Urban Mass Transportation Administration and private non-profit organizations for the purchase and operation of passenger vehicles and related equipment. The non-profit organizations are to use the equipment for the transportation of the elderly and handicapped of the State.

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

601 – Texas Department of Transportation

Financial Activity

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

Notes

As of 2-1-86 activity handled in GR Account -- Public Transportation (0451) and this trust account was used as a pass-through fund for the return of salvage sale monies from the entity to the Federal government.

Effective September 1, 1988, the pass-through salvage funds will be handled in Departmental Suspense (0900).

USAS Values

USAS Title	IMP MOBLILTIY ELDER/HANDICAP TR
Consolidated Fund
State Fund Group	08 - TRUST FUNDS
USAS Status	I

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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