Purpose
To deposit proceeds from the sale of bonds (except accrued interest) and investment earnings. To pay cost of issuance and project costs.
| Classification | Group 04: Pledged Funds [?] |
|---|---|
| Depository Interest | Retained in appropriated fund. |
| Disposition of Balance | Accumulative |
| Appropriation Technique | General Appropriations Act |
Administering Agencies
- 347 – Texas Public Finance Authority
- 303 – Texas Facilities Commission (formerly Texas Building and Procurement Commission, Agency 303, formerly the General Services Commission, Agency 303)
Note
TBPC name changed by H.B. 3560, 80th Leg., R.S. to Texas Facility Commission.
USAS Values
| USAS Title | TPFA REV/REF SER 2005 TBPC PROJECT 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.