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Fund 622

Fund Reference Manual

622-Unemployment Compensation Federal Employees' Benefit Payment Account

Account Code:
622
Account Title:
Unemployment Compensation Federal Employees' Benefit Payment Account
Admin Agency:
Employment Security Department - 5400
Fund Type:
FA - Enterprise Funds
Rollup Fund:
FG - Unemployment Compensation
Cash Type:
3 - Local Fund
SAAM Budget Type:
Nonappropriated/Nonallotted (N)
Interest Earning Authority:
N/A
Authority:
Closing GL Code:
9545
Description:
Local fund outside the state treasury used to account for funds received from the federal government to cover benefits paid by the state for eligible unemployed federal workers. Per the Federal Employment Security Act (Title V).
Sources of Revenue:
Charges and Miscellaneous Revenue, Other Miscellaneous Revenue
Clientele:
Unemployed federal workers
Effective Date:
Inactive Date:
Public Notes: