Texas Comptroller of Public Accounts
| Legal Citations: |
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| Revenue Type: Cash — Other Revenue |
| Origin Date: 2006 |
| Issue Date: 2006-05-01 |
| Revised Date: 2026-05-12 |
To record insurance recoveries when the related loss was unusual or infrequent. Under GASB Statement #42, insurance recoveries are netted with the loss if both occur within the same fiscal year. If the recovery is realized in a subsequent year, and the original loss was reported as an unusual or infrequent item, the recovery should also be reported as an unusual or infrequent item.
The appropriate agency or institution of higher education
The appropriate fund or account
| Appropriation Year | 26 |
|---|---|
| USAS Title | INSURANCE RECOVERY-UNUSUAL OR INFREQNT |
| Receipt Category | 14 – Other |
| Receipt Type | 90 – Other Receipts |
| Object Group | 30 – Revenues |
| USAS Status | A |
| Rev/Exp Category | 05 – OTHER REVENUE |