State of Texas – Fiscal Management

Manual of Accounts

Revenue Object 3349 – Land Sales – Excess Acreage Where Tract of Land Is Patented

 

Legal Citations:
Revenue Type: Cash — Natural Resources
Origin Date: 1939 by the 46th Leg.
Issue Date:
Revised Date:

Description

If the area of a tract of land that is titled or patented exceeds the quantity provided in the title or patent and if under the existing law the title to all or part of the tract may be affected by the existence of the excess acreage, the person who owns the survey or portion of the survey or has an interest in it may pay for the total excess acreage in the survey or the total excess in a given tract out of the patented or titled survey at the price fixed by the School Land Board.

Due Date

At time of sale.

Collecting Agencies

Deposit Funds

Notes

USAS Values

Appropriation Year 24
USAS Title LAND SALES
Receipt Category 08 – Natural Resources
Receipt Type 80 – Land Income
Object Group 26 – Other Financing Uses/Sources
USAS Status A
Rev/Exp Category 04 – LAND INCOME



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