Issue Date: 2003-07-01
Revised Date: 2017-06-15

Legal Cites


2003 by H.B. 1875 and HB 3318, 78th Leg., R.S.


Created as a special fund composed of appropriations, bond proceeds, loan repayments, transfers from other water-related funds, interest, gifts, grants, donations, and any other sources of revenue directed by the legislature.

Used to provide low-interest, zero interest, negative interest loans, loan forgiveness, or grants to rural political subdivisions for water or water-related projects.  May be used to buy down interest rates on loan. The fund may be used to contract for outreach, financial, planning and technical assistance to assist rural political subdivisions in obtaining and using financing from the fund.

Classification Group 04: Pledged Funds [?]
Depository Interest Retained in appropriated fund.
Disposition of Balance Accumulative
Appropriation Technique General Appropriations Act

Administering Agencies


Was established previously as GR Account -- Rural Water Assistance (5068).

Use and source of funds expanded by S.B. 360, 82nd Leg., R.S.

Use amended by H.B. 544, 85th Leg., R.S.


USAS Values

Consolidated Fund
State Fund Group 04 - PLEDGED FUNDS
USAS Status A
Created by bond resolution requirements which specify the maintenance of separate funds to account for the bond program.