OFFICE OF THE ATTORNEY GENERAL OF TEXAS 

AUSTIN 

Honorable T. C. Chadlok 

county Attorney 

Wood CQunt y 

Quitam, Texas 

Dear Sir; 

%' 

kahlll.d~8‘roo‘ of your opinion requ*n of 

an ,wr$, uote prom~your letter a8 folJow8r 

\ T,\ ;,. I” ,/ 

ne Txonmi6n Q6hool Dirtriot lemwd bond8 

0 464 now QWXIM by the Wood 

Beho Fund; ruoh bondr oontainhat they ml@& be raoallrd at the 

ver; 8lnw the tlmo of frmanoa 

Sohool Dlstriot ha8 been absorba Indepemlont Sohool Dlstriat, 

ohool distriot ammhg the paye bonda; the Wneola distrlot defaulted 

annual int8rsrt to the extent of $tICC.OO; 

the loinesla dietriot ham oallrd the bond8 for p4p 

ment of the prlnoipal. 

“The Wood County Board of Eduoatlon wed the fund8 

in the Available Sohool Pun6 for adminirrtratire expenne benefioial to all t&e o~mnon sohool ditiriot4 

OR FIRS, .*sI*TANT 
Honorable T. C. Chadiok, page #S 

of the county, inoludlng Lone Pine, prior to lQS1), 

without prorating the independent aohool dfetriote 

their share, inoluding the Mineola Independent. 

Slnoe the abeorptlon of the Lone Pine Dietriot the 

Yineela 4letriot ha8 reaeire4 lte pro rata share 

of the Available Sohool Pund. 

*The intereet on the $4,000.00 band is ourrent 

for the year 1940. 

“The YLineola dietriot mfueee to pay the #~OO.OO 

in aoorued lnteraet on t&a $4,000 obligation, but 

offers to eet this intereet olaim of the Permanent 

sohool Pun4 off againet tha Nineola district olaim 

agglnet the AvaIlable Sohool Fund. 

PROPOSITIONS 

Number one 

wAoorue4 unoolleotad interest on bon48 0wne4 by 

the Permanent Sohool Fund of a oounty is the pawparty and a part of the Pemianent Sohool Fun4 until 

oolleoted, ati not a part of and the property of the 

Available &hool Pun4 until suah #OlleetlOn. 

Humber Two 

“The olaia of an independent eohool dletriot for 

ite pm rata ehare of the Available Sohool Tun4 of 

a oounty arlelng when euoh fun48 were urea for adninietratire expenee oi the o o mmol n ahaol dlstrlote 

of the oountg onnnot be eet off ag%lMt the olaim 

of the County Permawnt Sohool Fund for intereet on 

bonda the independent eohool dietriot aeetuwd on the 

ab6orption of a oommon eohool dietriet that *PO a 

benefioiary of the fulde use4 for adminietmmtire 

erpenre. 

IWnber Three 

*County Available Sohool Fun4e cannot be appropriated to pay indebtedneee lnourrsd in yeere pre- 

~ioua to Its aolleotion. 
Honorable 0. C. Chad&ok, page #S 

W l * * We request an anewer $e each of the 

pivpo8ltlo~.= 

The Constitution and Statutes ennetea thereunder aedare what shall oonetitute the S&101 pun4. Conetitution, 

$tib9, Sea. g-6; Revfeed Cirll Statutes, 1985, Arts. eSg.3- 

- . 

Tha Oounty Available Sohool J'un4 18 the fund whioh is 

used te pay the admlnletratire end operating erpenee of the 

rohoole of the oounty. This fald 18 derit84 from several 

80uroe8, one of whioh is the Interest arising from any bonds 

belenglng to the Penmneat School lbnd. Arts. SSPb aId ebS4, 

Retlee Civil Statutes; 39 Tex. Jurieprudenoe, pages 860-1-e. 

The laanagement en4 oontml of the available fun4 eeme to be 

in the oounty eohool truBtee8, aotlng through the oounty euperinteindent. Oge, et al vs. yroboeee, et al., 64 S.W. 6SS. 

The Permanent S&o01 FW4 18 a trust fund for eduoatlonal purposes. The aoontise are mere trustees for the Bm4e an4 

the publio eohoole are the banefloiarlee~ 84 Tex. JUriepru4enue, 

060, and oases olted therein. This departmat he8 had that 

the OOIimi88ion8r8' oourt ha8 the reepctneibillty or intesting 

sad eafeguarding this tuna. Attorney General*8 Opinion Number 

0-14S4; Art. 9, Sea. 6, of the State Co~tJtutlon; Qt. MU, 

Revised Civil Statutes. 

The purpose of the foregoing 41seueelon is to show that 

the Permanent Sohool sund and the Available sohaol Fund are ontlrely separate and dietinat funds, under Qanegemnt and control 

of different gprernlng bodies and sea-m tww different purpoeee. 

As stated above, the interest l ri8ing from bonds belonging to 

the Psmianeat Soboo Pund, becomes a part of the Available Fun4. 

We underrrtand thle eontemplates the money aelleoted es beooming 

a pert an4 not the mere right te oolleat, which is lnahoate, 

end, until the money is ooll8ote4, aennet be l xer elSeb 4 y a ny 

entity except the trustees aotingt for the Permanent Sohool pun4. 

The Interest does not beoome a part of the Avellable ?un4 until aolleoted an4 properly ploeea in eald fund. Un4er the 

faote eubmlttea we are not paee2zig~‘upon the question of whether 

or not this oleim agtdnet the eohool fun4 Is a &et one, but 

whether euith &aim is just or not, it oannot be set off against 

the Permanent S&o01 Fun4. 
Bonorable T. C. Chadiok, page #4 

Therefore, It is the opinion of thie department that 

m;r;;;et two propositions, as stated by you, are true and 

. 

We do not feel that we here been furnished with euffioleat lnfornvtion to apply your third propoeltlon to the facts 

submitted. Howeter, we till Hate, aa a general rule, tha8 

eahool fun4e aannot be appropriate4 to 

aauro4 In yeere prwioue to its oolleat y on. ingE”$y:. ‘gas 

seek, 58 S.W. 956. 

Truetlng that this answers pour question, we are 

Very truly yours