Issue Date: 2023-10-26
Revised Date:

Legal Cites

  • Government Code ch. 1232, ch. 1371
  • General Appropriations Act, Art. VII, TXDMV Rider 11, 88th Leg., R.S.

Origin:

October 2023

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.

To finance the demolition of existing buildings, the construction of a new office building, and building renovations and upgrades at the Texas Department of Motor Vehicles’ Camp Hubbard Campus in Austin, TX.

Classification Group 04: Pledged Funds [?]
Depository Interest Retained in fund.
Disposition of Balance Accumulative.
Appropriation Technique General Appropriations Act.

Note

USAS Values

USAS Title TPFA RV COM PAP SRS 2019A CAMP HUBBARD
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.