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MICHIGAN DEPARTMENT OF TREASURYUNIFORM CHART OF ACCOUNTS FOR COUNTIES AND LOCAL UNITS OF GOVERNMENTApril 2002TABLE OF CONTENTSIntroduction. 1GASB and GFOA Terminology . 1Account Structure . 2Financial Reporting--GASB Statement 34. 5Fund Index. 7Activity Index . 10Balance Sheet Accounts Index . 13Revenue Index. 17Expenditures/Expense Index. 20Fund Descriptions--GovernmentalGeneral Fund Type . 23Permanent Fund Type . 24Special Revenue Fund Type . 25Debt Service Fund Type. 45Capital Project Fund Type. 49Fund Descriptions--ProprietaryEnterprise Fund Type . 57Internal Service Fund Type . 65Fund Descriptions--FiduciaryAgency Fund Type . 67Pension (and Other Employee Benefit) Fund Type . 69Investment Trust Fund Type . 72Private Purpose Trust Fund Type . 73Revenue Descriptions . 76Account Descriptions . 78Changes . 80April 2002
MICHIGAN DEPARTMENT OF TREASURYUNIFORM CHART OF ACCOUNTS FOR COUNTIES AND LOCAL UNITS OF GOVERNMENTINTRODUCTIONThe Uniform Chart of Accounts for Counties and Local Units of Government in Michigan has beendeveloped under the authority of Act 2, Public Acts of 1968, as amended, (MCL 141.421) and Act 71,Public Acts of 1919, as amended, (MCL 21.41). This manual contains a full Chart of Accounts. No singleunit of government will use all of the funds, activities, and accounts contained in the Chart of Accounts.Smaller units will use only a few. But when one is used, it will be for the same purpose by each unit usingit.Some governments may choose to implement a chart of accounts that is more complex than this chart, orwith slightly different numbering (use of additional digits, etc.). This is acceptable, as long as the chart ofaccounts in use is able to create an Annual Fiscal Report (Form F-65) prepared on a basis that isconsistent with this chart of accounts.GASB and GFOA TerminologyRevenue and Expenditure ClassificationGASB Codification 1800.114 through 1800.121 defines the revenue and expenditure classifications asfollows.Revenue--The primary classification of governmental fund revenues is by fund and source. Majorrevenue source classifications are: taxes licenses and permits intergovernmental revenues (Federal aid, State aid, and local contributions) charges for services fines and forfeits miscellaneousExpenditure--The major accounting classification of expenditures are by: fund function (or program) organization unit activity character objectDefinitions of the major accounting classifications of expenditures from GFOA's 1994 GovernmentalAccounting, Auditing and Financial Reporting (GAAFR) are: Function--a group of related activities aimed at accomplishing a major service or regulatoryprogram. Example: "public safety" is a function Subfunction--a grouping of related activities within a particular governmental function.Example: "police" is a subfunction of the function "public safety." Organization unit--a responsibility center within a government. Activity--a specific and distinguishable line of work by one or more organizationalcomponents of government for the purpose of accomplishing a function. Example (1968 &1980 GAAFR): "food inspection" is an activity performed in discharge of the "health" function. Subactivity--a specific line of work performed in carrying out a governmental activity.Example: cleaning luminaries and replacing defective street lamps would be subactivitiesunder the activity of street light maintenance. Character--a basis for distinguishing expenditures according to the periods they arepresumed to benefit. Object--the article purchased or the service obtained.Examples: personal services,contractual services, materials and supplies.1April 2002
MICHIGAN DEPARTMENT OF TREASURYUNIFORM CHART OF ACCOUNTS FOR COUNTIES AND LOCAL UNITS OF GOVERNMENTAccount StructureAll counties and local units of government in Michigan must use the Uniform Chart of Accounts. A fullaccount number consists of 9-digits.Sample 9 Digit Number101253729a) The first three digits (101) represent the fund. General Fundb) The next three digits (253) are the activity. Treasurerc) The final three digits (729) represent the account number of the revenue, expenditure object,asset or liability. SuppliesThe level of detail at which each local unit applies the above structure is at the discretion of the individualunit, according to its own needs. For instance, Police may be a single activity at one unit and at anotherunit separate activities (the open activity numbers after the Police activity) or the Police activity could bepointed off to provide for administration, traffic control, road patrol, community policing, etc.Sample Expanded Numbera)b)c)d)General FundPoliceAdministrationSupplies101301.10 729(101)(301)(.10)(729)The extent of the expansion of the account numbers is at the discretion of the unit of government.Funds--A fund is an independent accounting entity with a self-balancing set of accounts, created for thepurpose of carrying on a specific activity. It has accounts for assets, liabilities, equities, and revenue andexpenditures.There are three fund types and several categories of funds:Governmental Fund TypeGeneral FundSpecial Revenue FundsDebt Service FundsCapital Projects FundsPermanent FundsProprietary Fund TypeEnterprise FundsInternal Service FundsFiduciary Fund TypePension (and other employee benefit) Trust FundsInvestment Trust FundsPrivate Purpose Trust FundsAgency FundsBalance Sheet Accounts--These are the asset, liability, and fund equity accounts that make up thebalance sheet of each individual fund. These accounts are not closed out at the end of an accountingperiod. The local unit will use only the accounts that are necessary for each separate fund.2April 2002
MICHIGAN DEPARTMENT OF TREASURYUNIFORM CHART OF ACCOUNTS FOR COUNTIES AND LOCAL UNITS OF GOVERNMENTAccount StructureActivities--An activity is an office or department to which specific expenses are to be allocated. A groupof related activities intended to accomplish a major service or regulatory program is a function.When an activity number does not apply, three zeros would be used. The activity number must be usedfor expenditures.When designating the 9-digit account code, it is not necessary to use an activity number for balancesheet, as well as revenue accounts. Revenue accounts that are defined by GASB Statement 34 as beinggeneral in nature would not use an activity number. Three zeros (000) will be inserted when activitynumbers are not used.Revenue defined by GASB Statement 34 as a program revenue may use an activity number or may useanother method of accumulating the information for the government wide financial statements.The major activities are listed in this manual in function order. We have grouped these activities intoeleven functions. Functions to be used are:FunctionGeneral GovernmentPublic SafetyPublic WorksHealth and WelfareCommunity and EconomicDevelopmentRecreation and CulturalOtherCapital OutlayDebt ServiceActivity 51-899901-904906-929Other Financing Sources (Uses)Transfer InTransfers (Out)931-964966-999Revenue Accounts--Revenue accounts include MANDATORY accounts and OPTIONAL accounts. Allunits must use accounts listed as mandatory if the unit receives such revenue. The MANDATORYaccounts are the revenue sources required for financial reporting. Optional account numbers areprovided within the MANDATORY revenue source categories to provide greater detail of the revenue foruse by units desiring to further classify their revenues.3April 2002
MICHIGAN DEPARTMENT OF TREASURYUNIFORM CHART OF ACCOUNTS FOR COUNTIES AND LOCAL UNITS OF GOVERNMENTAccount StructureRevenue Accounts (Continued)The mandatory revenue accounts are listed below:Number401450501539580600655664671Revenue SourceTaxesLicenses and PermitsFederal GrantsState GrantsContribution From Local UnitsCharges for ServicesFines and ForfeitsInterest and RentsOther RevenueThese are considered revenues by source for budgeting purposes.categories that must be reported in the local unit financial reports.These accounts are the revenueOptional possibilities are indicated in the Uniform Chart of Accounts and offer the local unit more detail. Ifthe reporting of revenue is expanded to optional accounts, the optional account numbers as listed mustbe used.Expenditure Accounts--Expenditure accounts include MANDATORY accounts and OPTIONALaccounts. All units must use accounts listed as mandatory for each of its various activities having suchan expenditure. Optional numbers are provided within most major categories for use by units desiring tofurther classify expenditures for various activities. Units may assign their own names or titles to theseoptional account numbers but must observe major category headings in making such assignments.As in the case of revenues, there are mandatory and optional accounts.In the disbursements journal, expenditures are grouped by activity or department. Each activity would useas many or as few of the expenditure accounts as necessary to provide the required budgetary controland financial reporting data. There are seven mandatory accounts for expenditures. They are:Number701726800970990999ExpenditurePersonal ServicesSuppliesOther Services and ChargesCapital OutlayDebt ServiceAppropriation (Operating) Transfers (Out)4April 2002
MICHIGAN DEPARTMENT OF TREASURYUNIFORM CHART OF ACCOUNTS FOR COUNTIES AND LOCAL UNITS OF GOVERNMENTFinancial Reporting--GASB Statement 34Major Funds GASB 34, paragraph 75 and 76--The focus of governmental and proprietary fund financialstatements is on major funds. Fund statements should present the financial activity of each major fund ina separate column. Nonmajor funds should be aggregated and displayed in a separate column.The reporting government’s main operating fund (the general fund or its equivalent) should always bereported as a major fund. Other individual governmental and proprietary funds should be reported inseparate columns as major funds based on these criteria:a.b.Total assets, liabilities, revenues or expenditures/expenses of that individual governmental orenterprise fund are at least 10 percent of the corresponding element total (assets, liabilities and soforth) for all funds of that category or type (that is, total governmental or total enterprise funds); andThe same element that met the 10 percent criterion in (a) is at least 5 percent of the correspondingelement total for all governmental and enterprise funds combined.In addition to funds that meet the major fund criteria, any other governmental or enterprise fund that thegovernment’s officials believe is particularly important to financial statement users (for example, becauseof public interest or consistency) may be reported as a major fund.Michigan Local Government Required Major Funds--The following funds are always to be reported asmajor funds whether or not they meet the above criteria:202203221222Major Street FundLocal Street FundHealth Department FundMental Health FundSeparate Authority—Use of Funds--When a unit of government (or two or more units of government)establishes a separate authority and that authority maintains its own accounting records, the specialrevenue fund presented in this manual will be reported in a separate financial report of the authority asthe general operating fund of the authority.While it is common for the above to occur, it is also common for the authority (in the agreement betweenthe units or otherwise) to agree that one of the participating units handle the treasury and accountingfunctions for the authority. When this occurs, the Department of Treasury recommends that the largestparticipating unit be selected. The unit maintaining the accounting for the authority would use theappropriate fund(s) in the appropriate fund type.The authority’s fund(s) would be reported by the unit maintaining the accounting for the authority as adiscretely presented component unit in their financial report as would single unit authorities. Examples(list is not all inclusive) could include:208210227244247248265Park/Recreation Fund508Park/Recreation FundAmbulance Fund505Ambulance FundSanitary Landfill Fund535Housing CommissionEconomic Development Fund (and the related debt service and capital projects funds)Tax Increment Finance Authority (and the related debt service and capital projects funds)Downtown Development Authority (and the related debt service and capital projects funds)Drug Law Enforcement Fund5April 2002
MICHIGAN DEPARTMENT OF TREASURYUNIFORM CHART OF ACCOUNTS FOR COUNTIES AND LOCAL UNITS OF GOVERNMENTFinancial Reporting--GASB Statement 34Discretely Presented Component Units--Other discretely presented component units include:201221222271CountyCounty Road FundDistrict Health FundDistrict Mental Health FundCities, Villages, TownshipsLibrary Fund (unless unit’s governing body operates)Program Revenue and General RevenueFor financial reporting purposes, GASB Statement 34, Paragraph 47 states that programs are financedfrom essentially four sources:a) Those who purchase, use, or directly benefit from the goods or services of the program (This groupmay extend beyond the boundaries of the reporting government’s taxpayers or citizenry or be asubset of it.)b) Parties outside the reporting government’s citizenry (This group includes other governments andnongovernmental entities or individuals.)c) The reporting government’s taxpayers (This is all taxpayers, regardless of whether they benefit from aparticular program.)d) The governmental institution itself (for example, through investing).For the purposes of the statement of activities: Type a is always a program revenue. Type b is a program revenue, if restricted to a specific program or programs. If unrestricted, type b isa general revenue. Type c is always a general revenue, even if restricted to a specific program. Type d is usually a general revenue.The Revenue Index and Revenue Descriptions sections of this manual contain additional information.General Capital Assets and General Long-Term LiabilitiesGeneral capital assets are capital assets of the government that are not capital assets reported inproprietary or fiduciary funds. GASB Statement 34 requires that governments report all general capitalassets, including infrastructure assets, in the governmental activities column of the government-widestatement of net assets but not in the governmental funds themselves. Generally, depreciation expenseshould be reported in the government-wide statement of activities.General long-term debt is debt of the government that is not debt reported in proprietary or fiduciaryfunds. GASB Statement 34 requires that governments report all general long-term debt in thegovernmental activities column of the government-wide statement of net assets but not in thegovernmental funds themselves.This Uniform Chart of Accounts provides for the accumulation of data necessary to properly reportgeneral capital assets and general long-term liabilities by the use of the numbers previously listed as thegeneral fixed asset account group and the general long-term debt account group numbers.6April 2002
MICHIGAN DEPARTMENT OF TREASURYUNIFORM CHART OF ACCOUNTS FOR COUNTIES AND LOCAL UNITS OF GOVERNMENTINDEX OF FUNDSGOVERNMENTAL FUND CATEGORIESGOVERNMENTAL FUND CATEGORIESGeneral Fund Type--101-150Special Revenue Fund Type101271289290292293294General FundPermanent Fund Type--151-199150151155Cemetery Perpetual Care FundCemetery Trust FundEndowment FundLibrary FundAuto Theft Prevention FundSocial Welfare FundChild Care FundSoldiers’ Relief FundVeterans’ Trust FundDebt Service Fund Type--301-399Special Revenue Fund 258261265269County Road FundMajor Street FundLocal Street FundMunicipal Street FundPublic Safety FundFire FundPolice FundPark/Recreation FundCemetery FundAmbulance FundLiquor Law Enforcement FundFriend of the Court FundStreet Lighting FundHealth Department/District Health FundMental Health/District Mental Health FundGarbage and Rubbish Collection FundSanitary Landfill FundSolid Waste Impact Board FundLodging Excise Tax FundMosquito Control FundBrownfield Redevelopment Authority FundEconomic Development FundPublic Improvement FundTownship Improvement Revolving FundTax Increment Finance AuthorityDowntown Development AuthorityBuilding Inspection FundLocal Development Finance AuthorityFundBudget Stabilization FundDisaster Contingency Fund911 Service FundDrug Law Enforcement FundLaw Library Fund7301351General Debt Service Fund (Voted Bonds)General Debt Service Fund (Non-VotedBonds)Debt Service Fund Type--851-899Special Assessment Districts851852870880891Drain Debt Service FundSpecial Assessment Debt Service FundChapter 20 Drain Debt Service FundChapter 21 Drain Debt Service FundLake Level Debt Service FundCapital Project Fund Type--401-499401Capital Project FundCapital Project Fund Type--801-850Special Assessment Districts801802804805820830841842Drain FundRevolving Drain FundRevolving Drain Maintenance FundSpecial Assessment Capital Project FundChapter 20 Drain FundChapter 21 Drain FundLake Level FundLake Level Revolving FundApril 2002
MICHIGAN DEPARTMENT OF TREASURYUNIFORM CHART OF ACCOUNTS FOR COUNTIES AND LOCAL UNITS OF GOVERNMENTINDEX OF FUNDSPROPRIETARY FUND CATEGORIESPROPRIETARY FUND CATEGORIESEnterprise Fund 92595Internal Service Fund Type--601-699Ambulance FundPark/Recreation FundMedical Care Facility Fund100% Tax Collection Fund (Delinquent TaxRevolving Fund)Sanitary Landfill FundHousing Commission FundBuilding Inspection FundPublic Works Operation and MaintenanceFund (PA 185 and 342 for other local units)Building AuthorityTransportation FundSewer FundWater FundWater and Sewer FundCommissary/Concession Fund639640641643FIDUCIARY FUND CATEGORIESDrain Equipment Revolving FundDPW Equipment Revolving FundDPW Revolving FundLocal Site Remediation Revolving FundFIDUCIARY FUND CATEGORIESAgency Fund Type--701-725Investment Trust Fund Type--751-755701703704721751 Local Unit Investment Trust FundGeneral Agency FundCurrent Tax Collection FundImprest Payroll FundLibrary Penal Fine FundPrivate Purpose Trust Fund Type--756-799Pension (and Other Employee Benefit) TrustFund Type--726-750726727729730731732736Employees 457 Deferred CompensationFund401K Deferred Compensation FundEmployees Vacation Pay FundEmployees Sick Pay FundRetirement System FundPolice and Fire Retirement FundPublic Employee Health Care Fund756760761762763764Urban Renewal Escrow FundDistrict (Municipal) Court Trust FundProbate Court Trust FundTrial Court Trust FundPatients Trust FundInmates Trust FundGeneral Capital Assets and General Long-Term Debt--GASB 34 does not refer to the “General FixedAsset Account Group” or the “General Long-term Debt Account Group” and does not require separatelyreporting such information. However, the information must continue to be accumulated for reporting inthe government-wide financial statements. The following “Account Groups” are provided for the purposeof facilitating record keeping for fixed assets and long-term debt for the government-wide financialstatements. These accounts are provided for the purpose of facilitating record keeping relating to thedifference between governmental fund modified accrual and government-wide accrual reporting. Theiruse is not mandatory but is recommended for the purpose stated.8April 2002
MICHIGAN DEPARTMENT OF TREASURYUNIFORM CHART OF ACCOUNTS FOR COUNTIES AND LOCAL UNITS OF GOVERNMENTINDEX OF FUNDSGovernmental Full Accrual--These accounts are provided for the purpose of facilitating record keepingrelating to the difference between governmental fund modified accrual and government-wide accrualreporting. Their use is not mandatory but is recommended for the purpose stated. Other means ofaccumulating the required information, such as spread sheets that become a permanent part of theaccounting records, are acceptable.GENERAL CAPITAL ASSETS900-925GENERAL LONG-TERM DEBT950-975GENERAL INFRASTRUCTURE ASSETS926-949GOVERNMENTAL FULL ACCRUAL976-9999April 2002
MICHIGAN DEPARTMENT OF TREASURYUNIFORM CHART OF ACCOUNTS FOR COUNTIES AND LOCAL UNITS OF DEX OF ACTIVITIESUnclassified (this is used for all balance sheet accounts, as well asrevenue accounts that are defined by GASB Statement 34 as beinggeneral in nature. Revenue defined by GASB Statement 34 as a programrevenue may use an activity number or may use another method ofaccumulating the information for the government-wide financialstatements.GENERAL GOVERNMENTLegislative101--Governing Body (County Board of Commissioners, City Council,Township Board, Village Council)Judicial130--Trial Court131--Circuit Court136--District/Municipal Court141--Friend of the Court145--Law Library148--Probate CourtChief Executive171--Mayor, President, Supervisor172--Administrator, Manager, Superintendent, ControllerFinancial and Tax Administration191--Accounting Department212--Budget Department215--Clerk223--Internal Audit, External Audit, Board of Auditors228--Data Processing, Information Technology233--Purchasing243--Property Description Department247--Board of Review253--Treasurer257--Assessor/Equalization DepartmentOther General Government261--Cooperative Extension262--Elections265--Building and Grounds266--Attorney/Corporation Counsel267--Prosecuting Attorney268--Register of Deeds269--Civil Service270--Personnel Department274--Retirement Board/Department275--Drain Commissioner276--Cemetery277--Abstract Department278--Surveyor279--Building Authority280--Soil Conservation281--Watershed Council10April 2002
MICHIGAN DEPARTMENT OF TREASURYUNIFORM CHART OF ACCOUNTS FOR COUNTIES AND LOCAL UNITS OF GOVERNMENT301-439441-599601-689690-749751-849INDEX OF ACTIVITIESPUBLIC tch330--Liquor Law Enforcement331--Marine Law Enforcement332--Snowmobile Law Enforcement336--Fire Department345--Public Safety Department (Police and Fire)351--Corrections/Jail371--Building Inspection Department426--Civil Defense430--Animal Shelter/Dog WardenPUBLIC WORKS441--Department of Public Works444--Sidewalks445--Drains--Public Benefit446--Highways, Streets, Bridges (Not Act 51)448--Street Lighting449--Road Commission/Street Department (Act 51)521--Sanitation Department522--Street Cleaning526--Sanitary Land Fill528--Refuse Collection/Disposal536--Water and/or Sewer SystemsHEALTH AND WELFARE601--Health Department620--Mosquito Control631--Substance Abuse635--Hospital Operation648--Medical Examiner649--Mental Health650--State Institutions651--Ambulance662--Child Care--Probate663--Child Care--Social Services670--Social Services Department671--Social Services--Medical Care Facility672--Agency on Aging681-684--Veterans Programs689--Soldiers' and Sailors' ReliefCOMMUNITY AND ECONOMIC DEVELOPMENT690--Redevelopment and Housing700--Public Housing721--Planning722--Zoning728--Economic Development732--Employment Security747--Community Action ProgramsRECREATION AND CULTURE751--Parks and Recreation Department790--Library803--Historical Commission or Program804--Museum805--Auditorium--Civic Center11April 2002
MICHIGAN DEPARTMENT OF TREASURYUNIFORM CHART OF ACCOUNTS FOR COUNTIES AND LOCAL UNITS OF GOVERNMENT851-899INDEX OF ACTIVITIESOTHER FUNCTIONS --If insurance and employee benefits are recordedhere, GASB 34 requires they be allocated to the appropriate function.851--Insurance and Bonds852-860--Various Employee Fringe Benefits861--Employer's Share of Retirement862--Employer's Share of Social Security (and Medicare)863-- Employer's Share of Medicare870--Unemployment Insurance871--Workers Compensation Insurance899--Tax Tribunal Refunds OrderedCAPITAL OUTLAY901-904DEBT SERVICE906-929TRANSFERS IN AND OTHER SOURCES931-964TRANSFERS (OUT) AND OTHER USES966-99912April 2002
MICHIGAN DEPARTMENT OF TREASURYUNIFORM CHART OF ACCOUNTS FOR COUNTIES AND LOCAL UNITS OF GOVERNMENT001-017018-100101-110INDEX OF BALANCE SHEET ACCOUNTSCURRENT ASSETSCash and -Certificates of Deposit004--Imprest Cash017--Investments in SecuritiesReceivables018-027--Taxes Receivable and Related Estimated UncollectibleTaxes028-043--Utility Bills Receivable, Various Accounts Receivable andRelated Estimated Uncollectible Accounts044--Travel Advances Receivable045-050--Special Assessments Receivable (current, delinquent anddeferred)056--Interest Receivable071--Due From Cities072--Due From Counties073--Due From Libraries074--Due From Road Commissions075--Due From Schools076--Due From Townships077--Due From Villages078--Due From State079--Due From Federal Government081--Other Units of Government083--Due From Employees084--Due From Other Funds087--Court Orders ReceivableInventory109--Inventory--Road Materials110--Inventory--Equipment Material and Parts13April 2002
MICHIGAN DEPARTMENT OF TREASURYUNIFORM CHART OF ACCOUNTS FOR COUNTIES AND LOCAL UNITS OF GOVERNMENT111-122130-179INDEX OF BALANCE SHEET ACCOUNTSNON CURRENT ASSETSLong-Term Investments111-120--Long-Term Investments121--Unamortized Premium on Investments122--Unamortized Discount on InvestmentsCapital Assets130--Land132--Land Improvements133--Accumulated Depreciation--Land Improvements134--Depletable Assets135--Accumulated Depletion--Depletable Assets136--Buildings, Additions and Improvements137--Accumulated Depreciation--Buildings, Additions andImprovements138-145--Equipment and Accumulated Depreciation146--Office Equipment and Furniture147--Accumulated Depreciation--Office Equipment and Furniture148--Vehicles149--Accumulated Depreciation--Vehicles152--Water System153--Accumulated Depreciation--Water System154--Sewer System155--Accumulated Depreciation--Sewer System158--Construction in Progress159-179--Other Capital Assets as Needed14April 2002
MICHIGAN DEPARTMENT OF TREASURYUNIFORM CHART OF ACCOUNTS FOR COUNTIES AND LOCAL UNITS OF GOVERNMENT200-299300-344INDEX OF BALANCE SHEET ACCOUNTSCURRENT LIABILITIES202--Accounts Payable205--Judgments Payable207--Notes Payable210--Contracts Payable211--Contracts Payable--Retained Percentage213--Land Contracts Payable--Current214--Due to Other Funds215--Due to Primary Government/Component Unit221--Due to Cities222--Due to Counties223--Due to Libraries224--Due to Road Commissions225--Due to Schools226--Due to Townships227--Due to Villages228--Due to State of Michigan229--Due to Federal Government230--Due to Other Units of Government231--Payroll Deductions Payable232--Due to Employees233--Due to Former Employees234--Due to Intermediate Schools235--Due to Community College236--Due to Special Education250--Bonds Payable--Current251--Accrued Interest Payable255--Customer Deposits and Interest Payable257--Accrued Wages Payable258--Accrued Taxes Payable260--Accrued Vacation Leave Payable261--Accrued Sick Leave Payable265--Bonds Payable (cash bonds, appearance bonds)266--Court Orders Payable267--Due to Court Wards268--Escheatable Money269--Garnishments Payable270--Patients’ and Inmates’ Money Payable271--Restitutions Payable273--Undistributed Receipts274--Undistributed Tax Collections275--Due to Taxpayers (tax overpayments and duplicate payments)283--Performance Deposits Payable289--Unamortized Premium on Bonds Sold290--Unearned Lease IncomeLONG-TERM LIABILITIES300--Bonds Payable307--Notes Payable310--Contracts Payable314--Advances From Other Funds339--Deferred Revenue343--Accrued Vacation and Sick Leave Payable344--Deferred Compensation Payable15April 2002
MICHIGAN DEPARTMENT OF TREASURYUNIFORM CHART OF ACCOUNTS FOR COUNTIES AND LOCAL UNITS OF GOVERNMENT365-389390-399INDEX OF BALANCE SHEET ACCOUNTSFUND EQUITYReserved Fund Balance368--Reserve for Supplies Inventory369--Reserve for Advances to Other FundsFund Balance and Net Assets390--Fund Balance393--Designated Fund Balance395--Unrestricted Net Assets396--Restricted Net Assets399--Investment in Capital Assets16April 2002
MICHIGAN DEPARTMENT OF TREASURYUNIFORM CHART OF ACCOUNTS FOR COUNTIES AND LOCAL UNITS OF GOVERNMENTINDEX OF REVENUERevenue accounts include MANDATORY accounts and OPTIONAL accounts. All units must useaccounts listed as mandatory, if the unit receives such revenue. The MANDATORY accounts are therevenue sources required for financial reporting. Optional account numbers are provided within theMANDATORY revenue source categories to provide greater detail of the revenue for use by units desiringto further classify their revenues.The mandatory revenue accounts are listed below:Number401450501539580600655664671Revenue So
UNIFORM CHART OF ACCOUNTS FOR COUNTIES AND LOCAL UNITS OF GOVERNMENT 1 April 2002 INTRODUCTION The Uniform Chart of Accounts for Counties and Local Units of Government in Michigan has been developed under the authority of Act 2, Public Acts of 1968, as amended, (MCL 141.421) and Act 71, Public Acts of 1919, as amended, (MCL 21.41).
