Issue Date: 2014-10-16
Revised Date:

Legal Cites

Origin:

October, 2014

Purpose

This fund number established in the Uniform Statewide Accounting System (USAS) to facilitate processing and reporting of payroll expenditures through the Uniform Statewide Payroll System. This fund is used to receive amounts transferred from outside the state treasury for payments of payroll.

Classification Group 10: Local Operating [?]
Depository Interest Does not retain interest. See note below.
Disposition of Balance Accumulative
Appropriation Technique Not appropriated for state expenditure

Administering Agencies

Note

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 for the processing of non-trust related expenses.

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 TX STATE UNIVERSITY SYSTEM LOCAL OPER FD
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.