Purpose
To deposit an amount from the proceeds of the sale of bonds estimated to pay the cost of bond issuance and the T.P.F.A. operations costs.
Classification | Group 04: Pledged Funds [?] |
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Depository Interest | Retained in appropriated fund pending disposition of fund balance. |
Disposition of Balance | After close, any balances not needed for payment of issuance or operations costs transferred to the escrow account with the Texas Safekeeping Trust Company. |
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
USAS Values
USAS Title | TPFA REV/REF SER 2002 COST OF ISSUE/OPER |
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Consolidated Fund | |
State Fund Group | 04 - PLEDGED FUNDS |
USAS Status | I |
Created by bond resolution requirements which specify the maintenance of separate funds to account for the bond program.