Issue Date: | |
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Revised Date: |
Legal Cites
- Education Code sec. 51.002, sec. 66.02
- Texas Constitution art. VII sec. 11, art. VII sec. 11a, art. VII sec. 13, art. VII sec. 18
Origin:
1931
Purpose
To receive the share allotted to Texas A&M University of the income from investments of the Permanent University Fund (0045). The income may be used for permanent improvements, new construction, equipment, repairs, physical plant operation and maintenance, and educational and general activities of the A&M University of Texas.
Classification | Group 02: Constitutional Funds Expendable for a Specific Purpose [?] |
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Depository Interest | Retained in appropriated fund. |
Disposition of Balance | Accumulative |
Appropriation Technique | General Appropriations Act |
Administering Agencies
Note
USAS Values
USAS Title | TEXAS A&M UNIV AVAILABLE FUND |
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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.