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Fund 547 - Liability Account

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Admin Agency:
Department of Enterprise Services - 1790
Cash Type:
2 - Treasury Trust Fund
SAAM Budget Type:
Nonappropriated/Nonallotted (N)
Earnings from Investments are:
Credited to the general fund under RCW 43.79A.040(4)(a).
The purpose of the liability account is to pay legal liabilities of the state resulting from tortious conduct, promote risk control through a cost allocation system which recognizes agency loss experience, levels of self-retention, and levels of risk exposure and establish an actuarially sound system to pay incurred losses, within defined limits.
Sources of Revenue:
Charges and Miscellaneous Revenue, Other Miscellaneous Revenue
State agencies
Effective Date:
Inactive Date:
Public Notes:

ACFR Information

Account Code:
Account Title:
Liability Account
Fund Type:
GA - Internal Service Funds
Rollup Fund:
GE - Risk Management Fund
Closing GL Code:
9400 - Accumulated Earnings(Loss)