Issue Date: 2024-01-01
Revised Date:

Legal Citations

Origin:

S.B. 28, 88th Leg., R.S., effective January 1, 2024

Purpose

Created in the state treasury and administered by the Texas Water Development Board. The fund consists of transfers, appropriations, interest and investment earnings, gifts, grants, donations, and other revenue deposited to the fund as authorized by law.

Used to finance projects that will lead to seven million acre-feet of new water supplies by December 31, 2033. The fund is used to provide financial assistance to political subdivisions to develop water supply projects that create new water sources. Transfers from the fund can be made to Fund 0361 - State Water Implementation, Fund 0371 - Texas Water Development Fund II, and Fund 0480 - Water Assistance.

At least 25% of the amount initially appropriated to Fund 0484 - Texas Water Fund must be transferred to Fund 0485.

Classification Group 01: General State Operating and Disbursing Funds [?]
Depository Interest Retained in 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

USAS Values

USAS Title NEW WATER SUPPLY FOR TEXAS FUND
Consolidated Fund
State Fund Group 01 - GENERAL STATE OPERATING & DISBURSING FDS
USAS Status A
Used to make general expenditures for the daily operations of state government.