Skip to Main content
Fund Reference Manual

Fund 877 - OASI Contribution Account

Authority: RCW 41.48.060
Admin Agency: Employment Security Department - 5400
Cash Type: 1 - Treasury Fund
SAAM Budget Type: Nonappropriated/Nonallotted (N)
Earnings from Investments are: Credited to the general fund under RCW 43.84.092(4).
Description: Used for payment of amounts required to be paid to the secretary of the treasury pursuant to an agreement entered into under RCW 41.48.030; for payment of refunds provided for in RCW 41.48.040 (3); and for refunds of overpayments, not otherwise adjustable, made by a political subdivision or instrumentality.
Sources of Revenue: Deposits to this account are recorded as miscellaneous revenue; however, these funds are not considered funds of the state as they are held in trust until distributed.
Clientele: Employment Security Department/U.S. Department of Labor
Effective Date: 07/01/1951

ACFR Information

Account Code: 877
Account Title: OASI Contribution Account
Fund Type: HD - Custodial Funds
Rollup Fund: KA - Other Custodial Funds
Closing GL Code: 9584 - Restricted for Custodial