Fund 0408 – Texas Parks Development Fund

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Legal Citations:

Texas Constitution art. III sec. 49-e
Government Code sec. 404.071
Parks and Wildlife Code sec. 11.044, sec. 21.101, sec. 21.102, sec. 21.103

Origin Date: 1967

Issue Date:

Revised Date: 2015-09-22

Purpose

To receive deposit of receipts from the sale of Texas Park Development Bonds and investment receipts from direct obligations of the United States Government. Such receipts may be expended for acquiring land for State park sites and for developing such sites into state parks; for investment in direct obligations of the United States Government. Cash transfer to Interest and Sinking Fund (0409) authorized out of bond proceeds to pay interest coupons within current fiscal biennium.

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

802 – Parks and Wildlife Department

Financial Activity

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

Notes

USAS Values

USAS Title	TEXAS PARK DEVELOPMENT FUND
Consolidated Fund
State Fund Group	02 - CONSTITUTIONAL FDS EXP FOR SPECIFIC PURP
USAS Status	I

Created by the state's constitution or receiving constitutionally dedicated revenue and expended for a specific purpose.

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