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Fund 0409 – Texas Parks Development Bonds Interest and Sinking Fund

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Legal Citations:

Texas Constitution art. III sec. 49-e
Government Code sec. 404.071
Parks and Wildlife Code sec. 11.044, sec. 21.105, sec. 21.106, sec. 21.107

Origin Date: 1967

Issue Date:

Revised Date: 2015-09-22

Purpose

To receive transfer receipts from funds provided by statute; to receive net receipts from entrance or gate fees, and investment receipts. To be used exclusively for the purpose of paying principal of, and interest on, the bonds as they mature and exchange and collection charges in connection therewith. May be invested in direct obligations to the United States Government.

Classification	Group 02: Constitutional Funds Expendable for a Specific Purpose [?]
Depository Interest	Retained in appropriated fund.
Disposition of Balance	Accumulative until all bonds are retired. Any balance remaining to be transferred to GR Account -- State Parks (0064).
Appropriation Technique	General Appropriations Act

Administering Agencies

802 – Parks and Wildlife Department

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 PARK DEVELOP BOND I&S FUND
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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