Purpose
To receive and disburse federal monies in accordance with the terms of the contract under state supervision.
| Classification | Group 03: Federal Funds [?] |
|---|---|
| Depository Interest | Retained in account. |
| Disposition of Balance | Accumulative |
| Appropriation Technique | General Appropriations Act |
Administering Agencies
Note
Exempt from loss of dedication (§ 403.094, Government Code) as a federal account.
Interest disposition changed due to federal grant guidelines.
USAS Values
| USAS Title | GR ACCT-COMM AFFAIRS FEDERAL |
|---|---|
| Consolidated Fund | 0001 |
| State Fund Group | 03 - FEDERAL FUNDS |
| USAS Status | A |
Funds for which a separate accounting is required by federal law.