This
fund
is inactive. Please see the notes section for
further information regarding the inactive status. Recently
inactivated
funds
may remain active in USAS for a period of time to complete
outstanding transactions or for other accounting purposes.
Issue Date: |
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Revised Date: |
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Legal Cites
Origin:
Classification |
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Depository Interest |
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Disposition of Balance |
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Appropriation Technique |
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Administering Agencies
Note
Created in 1961 in TEX. CONST. art.III sec.49-d-3, TEX. WATER CODE ANN. sec.17.073, 17.077 and 17.078 to record, with the exception of proceeds from the sale of Texas Water Development Bonds and from the sale of bonds of political subdivisions, all monies received by the board, including all amounts received as repayments of financial assistance granted and interest on such loans. Monies so received may be transferred to the "Water Development Bonds Interest and Sinking Fund" until the reserve is equal to the average annual principal and interest requirements on all outstanding bonds. Inactivated at agency's request because no longer utilized, effective 6/1/12.
USAS Values
USAS Title |
WATER DEVELOPMENT CLEARANCE FD |
Consolidated Fund |
|
State Fund Group |
02 - CONSTITUTIONAL FDS EXP FOR SPECIFIC PURP
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USAS Status |
I |