Revenue Accounts - Investment Income (COA)
(Bold print represents changes to existing accounts and new accounts added)Revenues derived from financial investments or loans made by the state which includes interest earned for the use of financial resources over a period of time.
The following two definitions are used in determining whether investment earnings and realized/unrealized gains/losses should be recorded as general revenues or program revenues:
Program Revenue –
Investment
earnings that are legally restricted for use in specific
functions or programs.
General Revenue –
Investment
earnings that are not legally restricted for use in
specific
functions or programs.
| 433110 | Interest/Dividend Income on Investments - Program Revenue |
| 433111 | Interest/Dividend
Income
on Investments - Nonoperating - Program Revenue
Used by proprietary funds to record nonoperating interest/dividend income. |
| 433112 | Interest Income
- Bond Proceeds
– Program Revenue
Used to record interest income on bond proceeds. |
| 433113 | Interest/Dividend Income on Investments - General Revenue |
| 433114 | Interest
Income - Bond
Proceeds – General Revenue
Used to record interest income on bond proceeds. |
| 433120 | STIF Interest
Income – Program
Revenue
Used to record the monthly interest earned on investments in the Short Term Investment Fund. |
| 433121 | STIF Interest
Income - Nonoperating
- Program Revenue
Used by proprietary funds to record nonoperating monthly interest earned on funds invested in the Short Term Investment Fund. |
| 433122 | STIF Interest
Income
– General Revenue
Used to record the monthly interest earned on investments in the Short Term Investment Fund. |
| 433130 | LTIF Interest
Income – Program
Revenue
Used to record the monthly interest earned on investments in the Long Term Investment Fund. |
| 433131 | LTIF Interest
Income - Nonoperating
- Program Revenue
Used by proprietary funds to record nonoperating monthly interest earned on funds invested in the Long Term Investment Fund. |
| 433132 | LTIF Interest
Income
– General Revenue
Used to record the monthly interest earned on investments in the Long Term Investment Fund. |
| 433140 | Equity Fund
Interest Income
Used to record the interest on investments in the Equity Investment Fund. |
| 433150 | Real Estate Fund
Interest
Income
Used to record the interest earned on the investments made in the Real Estate Investment Fund. |
| 433160 | Venture Capital
Fund Interest
Income
Used to record interest earned on the investments in the Venture Capital Investment Fund. |
| 433170 | Liquid Asset
Fund Interest
Income (This account is no longer active)
Used to record interest earned on the investments in the Liquid Asset Fund. |
| 433200 | Interest
Earnings on Loans
- Program Revenue
Used to account for interest earnings that are used within the loan program. |
| 433210 | Construction Period Interest |
| 433300 | Endowment Income |
| 433400 | Securities Lending Income |