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Fund 0011 – Available University Fund

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Legal Citations:

Texas Constitution art. VII sec. 11a, art. VII sec. 18
Education Code sec. 51.002, sec. 66.02

Origin Date: 1925

Issue Date:

Revised Date: 2015-06-26

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

720 – University of Texas System

Financial Activity

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

Notes

Education Code 66.03 repealed by H.B. 3211, 76th Leg., R.S.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.

Accessibility Policy