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Fund 0388 – Texas College Student Loan Bonds Interest and Sinking Fund

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Legal Citations:

Texas Constitution art. III sec. 50b-4
Education Code sec. 52.17(a)

Origin Date: 1965

Issue Date:

Revised Date:

Purpose

To receive the deposit from Texas Opportunity Plan Fund (0387) to pay the interest and principal to become due during the ensuing fiscal year and sufficient to establish and maintain a reserve equal to the average annual principal and interest requirements on all outstanding Texas College Student Loan Bonds.

Classification	Group 02: Constitutional Funds Expendable for a Specific Purpose [?]
Depository Interest	Retained in appropriated fund.
Disposition of Balance	Accumulative to equal or exceed minimum requirement.
Appropriation Technique	General Appropriations Act

Administering Agencies

781 – Texas Higher Education Coordinating Board

Financial Activity

To view this fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:

Notes

USAS Values

USAS Title	TX COLL STUDENT LOAN BOND I&S
Consolidated Fund
State Fund Group	02 - CONSTITUTIONAL FDS EXP FOR SPECIFIC PURP
USAS Status	A

Created by the state's constitution or receiving constitutionally dedicated revenue and expended for a specific purpose.

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