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Fund Reference Manual

Fund 703 - Covid-19 Unemployment Account

Authority: RCW 50.16.100
Admin Agency: Employment Security Department - 5400
Cash Type: 2 - Treasury Trust Fund
SAAM Budget Type: Budgeted (Nonappropriated/Allotted) (B)
Earnings from Investments are: Credited to the general fund under RCW 43.79A.040(4)(a).
Description: To be used only for reimbursing the unemployment trust fund account for unemployment benefits paid to the approved employees of employers approved for such reimbursement.
Sources of Revenue: Legislative appropriations and transfers, miscellaneous revenue
Clientele: Eligible employers
Effective Date: 03/17/2020

ACFR Information

Account Code: 703
Account Title: Covid-19 Unemployment Account
Fund Type: AA - General Fund
Rollup Fund: AC - Administrative Accts in the General Fund
Closing GL Code: 9323 - Committed for Human Services