Issue Date: 2020-01-06
Revised Date:

Legal Cites

Origin:

January 2020

Purpose

To receive pledged revenues from the State Lease Fund Account (0507) and other funds to make periodic and timely note obligation payments. 

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 State Lease Fund Account (0507).
Appropriation Technique General Appropriations Act.

Note

USAS Values

USAS Title TPFA RV COM PAP SRS2019B MASTERLEASE I&S
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.