Fiscal Facts: June 1990 Page: Front Cover
This periodical is part of the collection entitled: Texas State Publications and was provided to The Portal to Texas History by the UNT Libraries Government Documents Department.
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TEXAS STATE
DOCUMENTS COLLECTIONA Bimonthly Guide to Texas State Accounting
Bob Bullock, Texas Comptroller of Public Accounts June 1990State Bond Issues:
A Closer LookStrai ht FACTS 2
Notices to state
agencies 2
HOW TO 3
Q&A 4
REPLAYS 4exas state agencies and institu-
tions of higher education have
authority, either by statute or the
state constitution to finance pro-
jects and new programs through two
types of bond issue - General Obligation
Bonds (GO) and Revenue Bonds.
Most Texas GO bonds are designed to
be self-supporting and are backed
by the full faith and credit of
the state.
Exceptions to therule are constitu-
tional appropriation
bonds and Public
Finance Authority
GO bonds paid
directly from the
state's General
Revenue Fund and
Permanent Univer-
sity Fund Bonds backed
by the Permanent Univ-
ersity Fund (PUF).Revenue bonds are backed by pledged
revenue sources and funds restricted for
that purpose.
Bonds currently approved for issue in
Texas include:
General Obligation Bonds:
* Department of Agriculture, Farm and
Ranch Loan Security Bonds
" Texas Higher Education Coordinating
Board, College Student Loan Bonds
" General Land Office/Veterans Land
Board, Veterans Land Bonds and Vet-
erans Housing Assistance Bonds
" Parks and Wildlife, Park Development
Bonds0
S
-Water Development Board, Water De-
velopment Bonds
Higher Education Assistance Fund,
Constitutional Appropriation Bonds
(issued by higher education agencies,
not backed by PUF)
Public Building Authority, Texas Pub-
lic Finance Authority GO Bonds (in-
cludes bonds for State Purchasing and
General Services Commission,
Department of Criminal
Justice, Texas
Youth Commis-
5 Nsion, Texas
ATION BONDS Department
of Mental
Health and
Mental Retar-
dation, Texas De-
partment of Pub-
lic Safety and
Texas Youth Com-
TE A mission)
" University ofTexas and Texas A&M
Permanent University
Funds Bonds
" Texas National Re-
search Laboratory Commission,
Superconducting Super Collider Bonds
Revenue Bonds:
" Higher Education Agencies, General
Tuition Revenue Refunding Bonds
" Higher Education Agencies, Building
Revenue Refunding Bonds
" Texas Public Finance Authority Rev-
enue Bonds (includes bonds for vari-
ous state agencies)
" State Treasury, School Facility Aid
BondsU of NT Dep Libraries 76203
7 .
R E V E N U E B
s GENERAL OBLIG
AE
STATE OFB
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Texas. Comptroller's Office. Fiscal Facts: June 1990, periodical, June 1990; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1033933/m1/1/?q=%22%5B1990..%5D%22: accessed August 15, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting UNT Libraries Government Documents Department.