Fund 622 - Unemployment Compensation Federal Employees' Benefit Payment 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.
Local fund outside the state treasury used to account for funds received from the federal government to cover benefits paid by the state for eligible unemployed federal workers. Per the Federal Employment Security Act (Title V).
Sources of Revenue:
Charges and Miscellaneous Revenue, Other Miscellaneous Revenue
Unemployed federal workers
Unemployment Compensation Federal Employees' Benefit Payment Account
FA - Enterprise Funds
FG - Unemployment Compensation
Closing GL Code:
9545 - Restricted for Unemployment Compensation