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Division Director

Christina Smith

Assistant Director

Rick Sweet


Accounting and Auditing
200 East Gaines Street
Tallahassee, FL 32399-0318

(850) 413-5510
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DATE: August 11, 1999
TO: Agency Addressed (No. 2, 1999-00)
FROM: Douglas A. Darling, Director
Division of Accounting & Auditing
Office of Comptroller
SUBJECT: NEW REVENUE CATEGORY CODE FOR AGENCY DEPOSITS RELATING TO THE STATEWIDE COST ALLOCATION PLAN (SWCAP)

Chapter 99-192, Laws of Florida, abolished the State-Federal Relations Trust Fund (SFRTF) effective July 1, 1999. Beginning July 1, agencies are required to make deposits relating to the Statewide Cost Allocation Plan (SWCAP) directly into the General Revenue Fund rather that the SFRTF. Section 215.195(2), Florida Statutes, states "... If an application for federal grant or contract funds is approved, the state agency or judicial branch receiving the federal grant or contract shall identify that portion representing reimbursement of allocable statewide overhead and deposit that amount into the General Revenue Fund unallocated as directed by the Executive Office of the Governor."

Agencies recording this deposit in the General Revenue Fund should use the following revenue category code:

001517 - Statewide Cost Allocation Transfer

This new revenue category code will allow for the tracking of reimbursements of allocable statewide overhead in the General Revenue Fund. If you need additional information or have any questions, please call Molly Merry at (850) 410-9358, Suncom 210-9358.


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