| Issue Date: | 1997-11-19 |
|---|---|
| Revised Date: | 2024-10-08 |
Legal Citations
- Government Code ch. 1232
Origin:
1998
Purpose
If, as a result of damage, destruction or condemnation, the Commission desires to restore any portion of any project with proceeds of any insurance claim or condemnation award, such amount shall be deposited to this fund. The comptroller shall treat and administer the restoration fund as if it were the Project Fund in all aspects. Any money remaining after the completion of restoration of the applicable project shall be transferred to the State Lease Fund.
| Classification | Group 04: Pledged Funds [?] |
|---|---|
| Depository Interest | Retained in appropriated fund. |
| Disposition of Balance | Accumulative |
| Appropriation Technique | General Appropriations Act |
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
Project completed, fund no longer required. Inactivated October 2024.
USAS Values
| USAS Title | TPFA BLDG REV SER97A&B,99A RESTORATION |
|---|---|
| Consolidated Fund | |
| State Fund Group | 04 - PLEDGED FUNDS |
| USAS Status | I |
Created by bond resolution requirements which specify the maintenance of separate funds to account for the bond program.