Issue Date: 2016-06-28
Revised Date:

Legal Cites

Origin:

June 2016

Purpose

To receive proceeds from the sale of notes (less accrued interest) and investment earnings to pay project costs and administrative operating costs of the Texas Public Finance Authority.

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 PROJECT FUND
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.