Revenue Accounts - Contributions and Donations (COA)

To record receipt of on-behalf payments made to the National Guard  Pension Fund or the Fireman and Rescue Pension Fund.

This account is used by the State Treasurer's office to record receipt of life insurance contributions made by retirees.

This account is used by the Employment Security Commission to record receipt of employer contributions to the  unemployment compensation fund.

Used by private purpose trust funds to record receiving of assets that will be held in trust for others.

To record a  noncapital gift, contribution, or donation.  This is a nonexchange transaction and is considered nonoperating revenue for proprietary accounting.

This account will carry a debit balance and is used to record the uncollectible portion of the noncapital gifts and donations.

To record a gift of a capital asset such as land, a building, equipment, etc.   Also to account for a donation restricted for capital purposes only - to purchase, construct, or renovate capital assets owned by the agency and associated with a specific program. This is a nonexchange transaction and is reported with capital grants below nonoperating revenue for proprietary accounting. For donations that may be used for either operating or capital purposes at the discretion of the agency, record as noncapital gifts & donations. This account is also used to record capital asset transfers/capital contributions for proprietary funds.

This account will carry a debit balance and is used to record the uncollectible portion of the capital gifts and donations.

To account for a  gift for which the donor requires that the principal of the gift shall remain intact in perpetuity; this is a  permanently nonexpendable addition to net assets.  This is a nonexchange transaction and is reported below nonoperating revenue for proprietary accounting.

To account for a gift for which the donor stipulates that after a certain time period or event, the principal of the gift may be expended. This is a nonexchange transaction and is reported below nonoperating revenue for proprietary accounting.

Effective 7-1-2001 this account is no longer valid - proprietary funds should use account 436200 or 436203 as appropriate.

Effective 7-01-2001 this account is no longer valid. Use account 436200 or 436203 as appropriate.

Effective 7-01-2001 this account is no longer valid - proprietary funds should use account 436200 or 436203 as appropriate.