Tennessee Code 9-4-905 – Purpose of fund

The state office buildings and support facilities revolving fund is to provide for:

(1) Operating expenses for office buildings and support facilities;

Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105

(2) Debt service payments on general obligation bonds authorized to build or acquire office buildings and support facilities;

(3) Routine maintenance expenditures on office buildings and support facilities;

(4) Major maintenance and renovation projects for office buildings and support facilities as approved by the state building commission;

(5) Relocation expenses for state agencies;

(6) Payments for leased space occupied by state agencies; and

(7) Payments to build or acquire buildings or support facilities as approved by the state building commission.

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