State of Texas – Fiscal Management

Manual of Accounts

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Revenue Object 3871 – Federal Loan Proceeds

 

Legal Citations:
Revenue Type: Cash — Other Revenue
Origin Date: October 2017
Issue Date: 2017-10-12
Revised Date:

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




Deposit Funds




Notes




USAS Values


Appropriation Year 26
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



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