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406 Salary and Insurance Increase Revolving Account

Account code: 406
Account title: Salary and Insurance Increase Revolving Account
Administering agency: 7000 - OFM Financial Statement Control
Fund type: AA - General Fund
Roll-up fund: AZ - Other Accounts in the General Fund
Cash type: 5 - Non Cash Account
SAAM budget type: Appropriated (A)
Interest earning authority:
Authority: Chapter 1, Section 717, Laws of 2000 2nd Special Session (Appropriation bill not codified)
Closing GL Code:
Description: To facilitate payment of state employee salary increases from special funds and to facilitate payment of state employee insurance benefits from special funds.
Sources of revenue: Charges and Miscellaneous Revenue, Other Miscellaneous Revenue
Clientele: State employees
Effective date:
Inactive date: 7/1/2012
Notes: