| Issue Date: | |
|---|---|
| Revised Date: |
Object Type
Cash — Interfund Transfers/Other
Reference
Description
To record the distribution and/or return of trust or suspense monies as required by the various statutes. This code is used only to expend monies from Trust or Suspense Funds (Fund Numbers 0850 and above and Fund 0021).
This code is used to make partial payment of Group Insurance premiums due.
Expenditure code 7902 includes, but is NOT limited to:
- Savings Bond (purchase)
- Trust or Suspense Payment
Note
This code does NOT apply to:
- Trust payments of benefits to retirees of the Employees Retirement System, Agency 327, (Code 7081) and the Teacher Retirement System, Agency 323, (Code 7083)
- Trust payments for operating expenses are charged using the normal expenditure codes for these items
USAS Values
| Appropriation Year | 25 |
|---|---|
| USAS Title | TRUST OR SUSPENSE PAYMENT |
| Object Group | 17 – Agency/Trust Transactions (Expenditure Objects) |
| USAS Status | A |
| Rev/Exp Category | 00 – INTERFUND TRANSFERS/OTHER |