Issue Date: 1992-08-12
Revised Date:

Legal Cites

Origin:

1993

Purpose

To provide temporary depository for local housing funds to be transmitted to payee accounts in financial institutions electronically or for processing of state warrants. Money in this account deposited concurrently with processing of payment vouchers.
Classification Group 08: Trust Funds [?]
Depository Interest Retained in appropriated fund.
Disposition of Balance Accumulative
Appropriation Technique Not appropriated for state expenditure.

Note

USAS Values

USAS Title TX HOUSING LOCAL DEPOSITORY FD
Consolidated Fund
State Fund Group 08 - TRUST FUNDS
USAS Status A
Those funds created to account for assets held by the state in a trustee capacity for individuals, private organizations or other governmental entities