State of Texas – Fiscal Management

Manual of Accounts

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Fund 7309 – T.P.F.A. Building Revenue and Revenue Refunding Series 1997A Rebate Fund

Inactive

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.

Legal Citations:
Origin Date: 1998
Issue Date: 1997-11-19
Revised Date: 2022-08-09

Purpose


To comply with provisions requiring authority to pay the federal government excess earnings (generally, the portion of investment income attributable to yield on investments higher than yield on bonds received from investment of proceeds and certain money held in connection with bonds). For sole benefit of United States of America, not subject to claim of bond owner. Comptroller will transfer amounts directed by authority to be paid to federal government as needed.

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


Notes


No longer used. Inactivated April 2018.



USAS Values


USAS Title TPFA BLDG REV/REF SER 1997A REBATE FD
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.


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