Issue Date:
Revised Date: 1997-09-01

Object Type

Cash — Investments

Reference

Description

To record the investment of fund cash in miscellaneous investments with a term of less than one year and the purchase of shares in a short-term investment fund (STIF). This code applies to the principal value purchased which is always recorded at par value. The difference between par value and principal cost is recorded as discount or premium.

Expenditure code 7713 includes, but is NOT limited to:

  • Miscellaneous Investments - Short-Term
  • Special District Bonds (purchase)

Note

USAS Values

Appropriation Year 20
USAS Title PURCHASE OF MISC SHORT-TERM & STIF
Object Group 07 – Investment Purchases and Amortization of Premium/Discount
USAS Status A
Rev/Exp Category 20 – INVESTMENTS