Issue Date:
Revised Date:

Object Type

Cash — Intergovernmental Payments

Reference

Description

To record the payment of grants, not incorporated in the Foundation School Program, made to elementary and secondary schools as authorized by law. These payments may include Federal support of Vocational-Technical, Rehabilitation and Distributive Education programs, and the School Lunch program.

Expenditure code 7601 includes, but is NOT limited to:

  • Grants (elementary schools)
  • Grants (secondary schools)

Note

This code does NOT include payments to the foundation school program (7602). Refunds by audit order should reference period covered.

USAS Values

Appropriation Year 20
USAS Title GRANTS TO ELEM & SECOND SCHOOL
Object Group 10 – Expenditures
USAS Status A
Rev/Exp Category 06 – INTERGOVERNMENTAL PAYMENTS