| Issue Date: | |
|---|---|
| Revised Date: | 2015-06-26 |
Legal Citations
- Texas Constitution art. VII sec. 11a, art. VII sec. 18
- Education Code sec. 51.002, sec. 66.02
Origin:
1925
Purpose
To receive the income from investments of the Permanent University Fund (0045); this money is to be used for permanent improvements, new construction, equipment, repairs, physical plant operation and maintenance, and educational and general activities of the University of Texas.
| Classification | Group 02: Constitutional Funds Expendable for a Specific Purpose [?] |
|---|---|
| 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
Education Code 66.03 repealed by H.B. 3211, 76th Leg., R.S.
USAS Values
| USAS Title | AVAILABLE UNIVERSITY FUND |
|---|---|
| Consolidated Fund | |
| State Fund Group | 02 - CONSTITUTIONAL FDS EXP FOR SPECIFIC PURP |
| USAS Status | A |
Created by the state's constitution or receiving constitutionally dedicated revenue and expended for a specific purpose.