SECTION 16.204. Reporting System for Funding and Expenditures

(a) Account information system. The department will develop an account information reporting system for tracking money deposited to the credit of each separate account and subaccount of the state highway fund, including subaccounts for toll projects required under Transportation Code, Chapter 228. The account information will include:

(1) the source for the department's funds whether from the state highway fund, bond proceeds, or revenue from a comprehensive development agreement or a toll project, and amount of the deposited funds;

(2) the amount and general type or purpose of expenditure as described in the comptroller's statewide accounting system; and

(3) the balance credited to each account and subaccount.

(b) Reporting. The department will report on the funding and expenditures as applicable by each:

(1) district;

(2) program funding category as identified in §16.153 of this chapter (relating to Funding Categories); and

(3) source of funds as described in subsection (a)(1) of this section.

(c) Updates. The department will update the account information reporting system at least quarterly.

Source Note: The provisions of this §16.204 adopted to be effective January 1, 2011, 35 TexReg 8388; amended to be effective November 15, 2012, 37 TexReg 8981