§ 201.961 Definitions
§ 201.962 Notes Authorized; Committee Approval
§ 201.963 Issuance of Notes
§ 201.964 Fund Transfers; Interest; Payment of Notes

Terms Used In Texas Transportation Code Chapter 201 > Subchapter N - Highway Tax and Revenue Anticipation Notes

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • 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.