| Issue Date: | 2001-09-01 |
|---|---|
| Revised Date: | 2011-09-01 |
Legal Cites
- Government Code ch. 404
Origin:
2001 by H.B. 2914, 77th Leg., R.S.
Purpose
This fund established in the Uniform Statewide Accounting System (USAS) to facilitate processing and reporting of payroll expenditures through USAS and the Uniform Statewide Payroll System by the Texas Safekeeping Trust Company.
| Classification | Group 10: Local Operating [?] |
|---|---|
| Depository Interest | Does not retain interest. See note below. |
| Disposition of Balance | Accumulative |
| Appropriation Technique | Not appropriated. |
Administering Agencies
Note
Title and classification changed per Fiscal Management policy on local funds., eff. 9-1-11.
This fund is used to receive amounts transferred from outside the state treasury for payment of payroll, warrants and other expenses. Any minimal interest earned on these transfers, while in this fund, are deposited to General Revenue Fund 0001. Interest earned on the principal amounts outside of the state treasury is retained outside of the state treasury.
This fund is used to receive amounts transferred from outside the state treasury for payment of payroll, warrants and other expenses. Any minimal interest earned on these transfers, while in this fund, are deposited to General Revenue Fund 0001. Interest earned on the principal amounts outside of the state treasury is retained outside of the state treasury.
USAS Values
| USAS Title | TREASURY SAFEKEEP TRUST LOCAL OPER FUND |
|---|---|
| Consolidated Fund | |
| State Fund Group | 10 - LOCAL OPERATING |
| USAS Status | A |
Funds held outside the state treasury, used to make general expenditures for the daily operations of state government.