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: | 2022-08-09 |
Legal Cites
- Government Code sec. 404.071
- Parks and Wildlife Code sec. 11.044, sec. 21.101, sec. 21.102, sec. 21.103
- Texas Constitution art. III sec. 49-e
Origin:
1967
Purpose
To receive deposit of receipts from the sale of Texas Park Development Bonds and investment receipts from direct obligations of the United States Government. Such receipts may be expended for acquiring land for State park sites and for developing such sites into state parks; for investment in direct obligations of the United States Government. Cash transfer to Interest and Sinking Fund (0409) authorized out of bond proceeds to pay interest coupons within current fiscal biennium.
| Classification | Group 02: Constitutional Funds Expendable for a Specific Purpose [?] |
|---|---|
| Depository Interest | Retained in appropriated fund. |
| Disposition of Balance | Accumulative |
| Appropriation Technique | General Appropriations Act |
Administering Agencies
Previously administered by the Parks and Wildlife Department.
Note
Fund closed March 2020 at TPFA request and interest redirected to Fund 0409.
USAS Values
| USAS Title | TEXAS PARK DEVELOPMENT FUND |
|---|---|
| Consolidated Fund | |
| State Fund Group | 02 - CONSTITUTIONAL FDS EXP FOR SPECIFIC PURP |
| USAS Status | I |