Fund 0571 – Veterans Land Bond Series 1986 Refunding Fund

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Legal Citations:

Texas Constitution art. III sec. 49-b
Natural Resources Code sec. 161.171

Origin Date: 1986

Issue Date: 1986-05-13

Revised Date:

Purpose

For deposit of receipts from refunding bond sale, expended for bond issue payment, delivery/debt service costs for purchase of land for resale to qualified veterans, land development costs, purchase of United States Government bonds/obligations. Land purchase authority expires 8 years from the sale date of bonds.

Classification	Group 02: Constitutional Funds Expendable for a Specific Purpose [?]
Depository Interest	Retained in appropriated fund. Also, interest from Veterans Land Bond Series 1986 Refunding Reserve (0572).
Disposition of Balance	Accumulative until debt service requirements are fully reserved. Excess of full reserve may be transferred to other funds under like authority or to the General Revenue Fund (0001).
Appropriation Technique	General Appropriations Act

Administering Agencies

305 – General Land Office for the Veterans Land Board, Agency 328.

Financial Activity

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

Notes

Activities from Appropriated Fund 0565 transferred to this fund.

USAS Values

USAS Title	VET LAND BD 89,90,91,TAX98A&B,99B REFUND
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.

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