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Fund 034

Fund Reference Manual

034-Local Sales And Use Tax Account

Account Code:
034
Account Title:
Local Sales And Use Tax Account
Admin Agency:
Department of Revenue - 1400
Fund Type:
HD - Agency Funds
Rollup Fund:
KC - Local Government Distributions Fund
Cash Type:
1 - Treasury Fund
SAAM Budget Type:
Nonappropriated/Nonallotted (N)
Interest Earning Authority:
43.84.092
Authority:
Closing GL Code:
Description:
Used by the Department of Revenue to distribute to counties, cities, transportation authorities, and public facilitates districts sales and use taxes collected by the department on their behalf.
Sources of Revenue:
Revenues are not applicable to this fund type.
Clientele:
Local governments imposing a sales or use tax
Effective Date:
Wed, 07/01/1970
Inactive Date:
Public Notes: