Issue Date:
Revised Date: 2021-11-02

Legal Cites

Codes

Out In For
7941 3941 Foundation School (0193)

Purpose

To record the transfer of revenues from the General Revenue Fund (0001) to the Foundation School Account (0193) to satisfy monthly requirements of the Foundation School Program if the allocations of occupation taxes per art. VII § 3 Texas Constitution (R/C 3911 and 3957) are insufficient to meet the monthly distribution needs of the fund.

To record the transfer of money from the Property Tax Relief Fund (0304) to the Foundation School Account (0193) to be used to reduce the maintenance and operations tax rates and to increase the level of equalization of district enrichment tax efforts.

Note

Previously used for transfer of monies from General Revenue Fund (0001) to Medical and Dental College Reimbursement Fund (0533) and Public Junior College Reimbursement Fund (0534) per S. B. 27, 68th Leg., 2nd C. S. for 9-1-84 to 9-1-85 only.