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.
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Legal Citations
Origin:
Purpose
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Administering Agencies
Financial Activity
To view this appropriated fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
Note
Created in 1961 in TEX. CONST. art.III sec.49-c and TEX. WATER CODE ANN. sec.17.074 to accumulate proceeds from Appropriated Fund (0350) in amount sufficient to pay all interest becoming due during the fiscal year on all Water Development Bonds outstanding, and to pay bonds that mature during the fiscal year and collection charges and exchanges. Money in the fund invested per § 17.0830. Inactivated at agency's request because no longer utilized, effective 6/1/12.
USAS Values
| USAS Title | WATER DEV BOND INT/SINK FD ACCT |
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| Consolidated Fund | |
| State Fund Group | 02 - CONSTITUTIONAL FDS EXP FOR SPECIFIC PURP |
| USAS Status | I |