State of Texas – Fiscal Management

Manual of Accounts

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Fund 0877 – State Energy Marketing Program Escrow Account

Inactive

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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Origin Date:
Issue Date:
Revised Date:

Purpose


Classification  
Depository Interest
Disposition of Balance
Appropriation Technique

Administering Agencies



Financial Activity


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


Notes


Created in 2003 by TEX. NAT. RES. CODE ANN. §§ 31.401(c), 52.133 as an escrow account in the Uniform Statewide Accounting System (USAS) to facilitate processing and reporting of revenues and expenditures.

Used for in-kind oil and gas enhancement transactions (exchange oil and gas for electricity, conversion of oil to gas and gas specific location swaps and for purchase and sale of third party gas for state agencies) by the General Land Office -- Fiscal, Agency 317.

Program moved to and money correctly appropriated from the Permanent School Fund (0044) by the 79th Leg., R.S. beginning in the 06/07 biennium.



USAS Values


USAS Title STATE ENERGY MARKETING PROG ESCROW ACCT
Consolidated Fund
State Fund Group 08 - TRUST FUNDS
USAS Status I


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