This subchapter applies to funds established by state law, but does not apply to any portion of a fund derived from constitutionally dedicated revenues or to funds or fund balances that are:
(1) dedicated by the Texas Constitution;
(2) held in trust or escrow for the benefit of any person or entity other than a state agency;
(3) pledged to the payment of bonds, notes, or other debts;
(4) derived from gifts, donations, or endowments made to state agencies or institutions of higher education;
(5) pledged to the capital trust fund to be used for construction; or
(6) maintained by institutions of higher education, including the Texas State Technical College System.