Texas Comptroller of Public Accounts
| Legal Citations: |
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| Revenue Type: Cash — Other Revenue |
| Origin Date: |
| Issue Date: |
| Revised Date: 2009-08-01 |
To record capital and non-capital asset insurance recoveries when the receipt occurs in a year subsequent to the loss and that according to GASB Statement #42, should be reported as other financing sources on the Governmental Fund Financial Statements, non-operating revenue on the Proprietary Fund Financial Statements, as settlement of claims for Fiduciary Fund Financial Statements, and program revenue on the Government-wide Statement of Activities.
The responsible state agency.
Credit of the appropriate fund or account.
Title and description changed to comply with GASB Statement #42.
| Appropriation Year | 26 |
|---|---|
| USAS Title | INSURANCE RECOVERY IN SUBSEQUENT YEARS |
| Receipt Category | 14 – Other |
| Receipt Type | 90 – Other Receipts |
| Object Group | 30 – Revenues |
| USAS Status | A |
| Rev/Exp Category | 05 – OTHER REVENUE |