Requirements for Local Operating Funds and Associated Local Funds

Details

Resources

Required Biennial Local Funds Reporting (Excel)

Calendar

Contacts

Contact your appropriation control officer with questions on day-to-day processing with these funds.

Contact your financial reporting analyst with questions on reclassifications and posting of local fund activity at fiscal year-end.

Contact Leonard Pierce at (512) 936-4233 to request previously reported USAS data (for summary-level data from previous fiscal years).

CAPPS

Contact your agency’s CAPPS support staff with CAPPS questions.

Authorized agency support staff may contact the CAPPS Help Desk at (512) 463-2277 for additional assistance.

Overview

Applicable to

State agencies and self-directed semi-independent (SDSI) agencies with funds held outside the state treasury (local funds). Institutions of higher education are excluded from these requirements.
All authorized and/or existing local funds, regardless of activity or balance.

Policy

Agencies are required to consistently use and report local funds as detailed in this fiscal policy and procedure (FPP). These requirements allow the Texas Comptroller of Public Accounts to ensure proper tracking of local funds.

Legal citations

Texas Government Code, Section 403.011; Texas Finance Code, Title 2, Chapter 16; General Appropriations Act (GAA), Article IX, Section 17.08, 87th Legislature, Regular Session.

Changes to This Document
Date	Updates
11/10/2022	Updated for the fiscal 2022-23 biennium
11/13/2020	Updated the Additional reporting requirements per the GAA (Art. IX, Sec. 17.09) and deleted USAS Local Operating Funds List section.
09/28/2018	Added new revenue reporting requirements; info on new electronic reporting form; new entries to USAS Local Operating Funds list
06/21/2016	Updated the USAS Local Operating Funds List and reworded to present tense to reflect current policy