| Issue Date: | |
|---|---|
| Revised Date: | 1995-09-01 |
Legal Cites
- U.S. Public Law 89-329 at 20 U.S.C. §1003
Origin:
1966
Purpose
To receive and disburse federal monies in accordance with the terms of contracts under State supervision.
| Classification | Group 03: Federal Funds [?] |
|---|---|
| Depository Interest | Credited to General Revenue Fund (0001) |
| Disposition of Balance | Accumulative and/or as directed by contract. |
| Appropriation Technique | General Appropriations Act |
Administering Agencies
Note
Exempt from loss of dedication (§ 403.094, Government Code) as a federal account.
USAS Values
| USAS Title | GR ACCT-FEDERAL HIGHER EDUCATION |
|---|---|
| Consolidated Fund | 0001 |
| State Fund Group | 03 - FEDERAL FUNDS |
| USAS Status | I |
Funds for which a separate accounting is required by federal law.