| Issue Date: | |
|---|---|
| Revised Date: | 2001-09-01 |
Legal Citations
- Government Code sec. 403.011, ch. 2251
Object Type
Cash — Other Revenue
Origin Date
Description
To record interest receipts from earnings on delayed payments or other sources not otherwise identified as source of interest earned. This code includes interest on state funds deposited locally that earn interest prior to being remitted to state, not identifiable to another code. It also includes interest earned by the state due to late payments received after the due date. This code is used for the interest receipts that are not restricted to any programs. Can be used by agencies to record interest from repayment of loans made to the agency or similar payments.
See code 3875 for the interest receipts that are restricted to a program.
Due Date
As stipulated in the contract covering interest payments
Collecting Agencies
The responsible state agency, college or university
Deposit Funds
The appropriate fund or account
Note
USAS Values
| Appropriation Year | 25 |
|---|---|
| USAS Title | INTEREST OTHER - GENERAL, NON-PROG |
| Receipt Category | 14 – Other |
| Receipt Type | 70 – Interest and Dividends |
| Object Group | 30 – Revenues |
| USAS Status | A |
| Rev/Exp Category | 02 – INTEREST AND INVESTMENT INCOME |