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:
Revised Date:

Legal Cites

Origin:

Purpose

Classification  
Depository Interest
Disposition of Balance
Appropriation Technique

Administering Agencies

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
Consolidated Fund
State Fund Group 02 - CONSTITUTIONAL FDS EXP FOR SPECIFIC PURP
USAS Status I