Issue Date: 2016-06-28
Revised Date:

Legal Cites

Origin:

June 2016

Purpose

To receive amounts from the proceeds of the sale of notes and pledged revenues from the State Lease Fund Account (0507) to pay the costs of issuance.

Classification Group 04: Pledged Funds [?]
Depository Interest Retained in fund.
Disposition of Balance Accumulative. After all obligations are paid in full, residual balance is transferred to the Interest and Sinking Fund (7352).
Appropriation Technique General Appropriations Act.

Note

USAS Values

USAS Title TPFA RV COM PAP SRS 16 TFC CST OF ISS FD
Consolidated Fund
State Fund Group 04 - PLEDGED FUNDS
USAS Status A
Created by bond resolution requirements which specify the maintenance of separate funds to account for the bond program.