| Issue Date: | |
|---|---|
| Revised Date: | 2017-02-03 |
Legal Cites
- Tax Code sec. 162.503
- Transportation Code sec. 256.002
- Texas Constitution art. VIII sec. 7-a
Origin:
1932
Purpose
To take care of outstanding county and road district indebtedness assumed by the State along with the highway system. Fund receives allocation of gasoline taxes up to $7,300,000 each fiscal year, which in turn is distributed to the counties of the State. County money for meeting obligations not assumed by the State is put into this fund as a service to the counties. Allocation of the money among the counties shall be made on or before October 15 of each year and is determined as follows:
(1) One-fifth allocated according to area determined by the ratio of the area of the county to the area of the state;
(2) Two-fifths allocated according to rural population, determined by the ratio of the rural population of the county to the rural population of the state; and
(3) Two-fifths allocated according to lateral road miles, determined by the ratio of the mileage of lateral roads in the county to the mileage of lateral roads in the state as of January 1 of the year of the allocation as shown by the records of the State Federal Highway Planning Survey and the department.
| Classification | Group 02: Constitutional Funds Expendable for a Specific Purpose [?] |
|---|---|
| Depository Interest | Credited to General Revenue Fund (0001) |
| Disposition of Balance | Accumulative |
| Appropriation Technique | General Appropriations Act |
Administering Agencies
Note
See Group IV for County Funds in Trust.
USAS Values
| USAS Title | COUNTY&ROAD DIST HIGHWAY FUND |
|---|---|
| Consolidated Fund | |
| State Fund Group | 02 - CONSTITUTIONAL FDS EXP FOR SPECIFIC PURP |
| USAS Status | A |