| Issue Date: | 2017-10-12 |
|---|---|
| Revised Date: |
Legal Citations
Object Type
Cash — Other Revenue
Origin Date
October 2017
Description
To record loan proceeds received by a state agency from the federal government for use on state projects.
Used by the Texas Department of Transportation to record proceeds from the issuance of long-term loans payable associated with the federal Transportation Infrastructure Finance and Innovation Act (TIFIA). These have a toll component as a means of repaying the TIFIA loan
Due Date
As determined by the loan agreement.
Collecting Agencies
The administering state agency.
Deposit Funds
The appropriate fund or account.
Note
USAS Values
| Appropriation Year | 25 |
|---|---|
| USAS Title | FEDERAL LOAN PROCEEDS |
| Receipt Category | 14 – Other |
| Receipt Type | 56 – Investments, Loans, Advances |
| Object Group | 02 – Bond Proceeds |
| USAS Status | A |
| Rev/Exp Category | 23 – BOND AND NOTE PROCEEDS |