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.

Issue Date: 2001-10-24
Revised Date: 2022-08-09

Legal Cites

Origin:

2001

Purpose

If, as a result of any event of damage, destruction, or condemnation the Commission desires to restore any portion of any project with the 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

Note

No longer used. Inactivated April 2018.

USAS Values

USAS Title TPFA BLDG REV SER 1994A RETORATION FUND
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.