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: 2015-11-17

Legal Cites

Origin:

1975

Purpose

To hold in trust money deposited to administer the Federal Capitol Assistance Grants to Private Non-Profit Organizations for Improved Mobility of Elderly and Handicapped Program under Section 16(b)(2), Urban Mass Transportation Act of 1964, as amended. Money expended in the form of grants according to agreements between the Texas Dept. of Transportation, the Urban Mass Transportation Administration and private non-profit organizations for the purchase and operation of passenger vehicles and related equipment. The non-profit organizations are to use the equipment for the transportation of the elderly and handicapped of the State.

Classification Group 08: Trust Funds [?]
Depository Interest Credited to General Revenue Fund (0001)
Disposition of Balance Accumulative
Appropriation Technique Not appropriated for state expenditure.

Note

As of 2-1-86 activity handled in GR Account -- Public Transportation (0451) and this trust account was used as a pass-through fund for the return of salvage sale monies from the entity to the Federal government.

Effective September 1, 1988, the pass-through salvage funds will be handled in Departmental Suspense (0900).

Fund finally inactivated November 2015.

USAS Values

USAS Title IMP MOBLILTIY ELDER/HANDICAP TR
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