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:

Legal Citations

Origin:

Purpose

Classification  
Depository Interest
Disposition of Balance
Appropriation Technique

Administering Agencies

Financial Activity

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

Note

Created in 1981 by TEX. GOV'T CODE ANN. ch. 403 to provide temporary depository for funds to be transmitted to payee accounts in financial institutions electronically. Used to aggregate amounts for retiree annuity payments handled by Teacher Retirement System, Employees Retirement System and other retirement systems. Money held in this account transferred into the fund concurrently with processing of vouchers containing payees who have elected to participate in direct deposit system.

No longer utilized, inactivated in 2002.

USAS Values

USAS Title DIR DEPOSIT HOLD-TRANSMIT-RET
Consolidated Fund
State Fund Group 09 - SUSPENSE FUNDS
USAS Status I