State of Texas – Fiscal Management

Manual of Accounts

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GR Account 5159 – Tax Rate Conversion

Repealed

This account is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated accounts may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.

Legal Citations:
Origin Date: H.B. 7 and H.B. 6, 84th Leg., R.S.
Issue Date: 2015-07-21
Revised Date: 2019-09-01

Purpose

Used to provide additional aid to school districts with compressed rates below $1.00 that assess rates eligible to benefit from additional aid for tax rate conversion. Consists of amounts transferred from GR Account 0193 - Foundation School.

Classification Group 01: General State Operating and Disbursing Funds [?]
Depository Interest Deposited to General Revenue Fund 0001.
Disposition of Balance Accumulative
Appropriation Technique General Appropriations Act

Administering Agencies

Financial Activity

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

Notes

Repealed by H.B. 3, 86th Leg., R.S.

USAS Values

USAS Title GR ACCT-TAX RATE CONVERSION
Consolidated Fund 0001
State Fund Group 01 - GENERAL STATE OPERATING & DISBURSING FDS
USAS Status I
Used to make general expenditures for the daily operations of state government.


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