Fund 620 - Unemployment Compensation Account
Employment Security Department - 5400
3 - Local Fund
SAAM Budget Type:
Earnings from Investments are:
Credited to the appropriate fund as directed by the Legislature and/or the administering agency of the fund. RCW’s 43.79A.040 and 43.84.092 do not apply.
The first priority is to provide services to eligible participants within the state; second priority is to provide substitute services or program support; and last priority is the direct payment of funds to the federal government.
Sources of Revenue:
Contributions, Interest Income, Federal Income Tax, Charges and Miscellaneous Revenue, Other Miscellaneous Revenue
Employers and eligible unemployed workers
Unemployment Compensation Account
FA - Enterprise Funds
FG - Unemployment Compensation
Closing GL Code:
9545 - Restricted for Unemployment Compensation