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: | 2023-10-11 |
Legal Cites
- Government Code sec. 404.052
Origin:
1937
Purpose
To set aside money deposited for payment of bonds or other indebtedness, and the interest thereon, of municipalities, districts and political subdivisions for which the Comptroller -- Treasury acts as fiscal agent.
| Classification | Group 08: Trust Funds [?] |
|---|---|
| Depository Interest | Credited to General Revenue Fund (0001) |
| Disposition of Balance | Accumulative |
| Appropriation Technique | Not appropriated for state expenditure. |
Administering Agencies
Note
With the implementation of electronic registration and the use of a central securities depository, Fund 0909 was no longer needed. Inactivated October 2023.
USAS Values
| USAS Title | FISCAL AGY RECEIVING TR ACCT |
|---|---|
| Consolidated Fund | |
| State Fund Group | 08 - TRUST FUNDS |
| USAS Status | I |
Those funds created to account for assets held by the state in a trustee capacity for individuals, private organizations or other governmental entities