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: | 2008-07-15 |
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Revised Date: | 2022-08-09 |
Legal Cites
- Government Code ch. 1232
Origin:
2008
Purpose
To deposit amount from the proceeds of the sale of bonds estimated to pay the cost of bond issuance and the T.P.F.A. operations costs.
Classification | Group 04: Pledged Funds [?] |
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Depository Interest | Retained in appropriated fund pending disposition of fund balance. |
Disposition of Balance | After close, any balances not needed for payment of issuance or operations costs transferred to the escrow account with the Texas Safekeeping Trust Company. |
Appropriation Technique | General Appropriations Act |
Administering Agencies
Previously administered by the Texas Public Finance Authority.
Note
No longer used. Inactivated April 2018.
USAS Values
USAS Title | TPFA REV REF SER 2008 TFC COST OF ISS FD |
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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.