| Issue Date: | 2019-09-01 |
|---|---|
| Revised Date: |
Object Type
Cash — Debt Service
Reference
Description
To record the payment of direct borrowings interest expense.
This code includes:
- Direct placements interest
Note
This code does NOT include:
- Late payment fees (interest) to the SSA or IRS (7210)
- Interest amounts on judgments against the state (7241)
- Long-term debt interest using governmental or fiduciary funds (7801)
- Interest on long-tern debt (Operating) using proprietary funds (7814)
- Interest on long-term debt (Non-Operating) using proprietary funds (7815)
USAS Values
| Appropriation Year | 25 |
|---|---|
| USAS Title | INTEREST ON DIRECT PLACEMENTS |
| Object Group | 10 – Expenditures |
| USAS Status | A |
| Rev/Exp Category | 11 – PAYMENT OF INTEREST - DEBT SERVICE |