Pursuant to §98 of the State Finance Law, the State Comptroller shall invest and keep invested all moneys belonging to any and all funds of the State.
The Short Term Investment Pool (STIP) represents a mechanism that allows for separate accounting for individual fund receipts and disbursements AND the pooling of cash assets of the funds within the State’s General Checking Account (GCA) for the purposes of short-term investments. This permits investment decisions to be made based on the assets and liquidity needs of the checking account as a whole, rather than the needs of its component parts. In this way STIP can be compared with a money market fund, with the individual funds investing moneys not needed for day-to-day activities or to make payments in the money market fund.
Although state funds are pooled in the STIP, separate accounting records are maintained to provide complete and accurate accountability for individual fund assets.
Click here to download the table below as a Microsoft Excel file.
| Reporting Class | SFS Account | Product Code Required | Title | Description |
|---|---|---|---|---|
|
Abandoned and Unclaimed Property |
31001 | Abandoned Property | OSC Use – To record transfers from the State’s Abandoned Property Fund pursuant to §95 of the State Finance Law. | |
| 31011 | Bottle Bill | Unclaimed 5-cent deposit on beverage containers. | ||
| 31021 | Uncashed Pari-Mutuel Tickets | Uncashed winning tickets. | ||
| 31022 | Uncashed OTB Tickets | Uncashed winning tickets. | ||
| 31023 | Unclaimed Lottery Tickets | Uncashed winning tickets. | ||
| 31041 | Uncashed Checks Written-Off | Proceeds of uncashed State checks canceled after 1 year of the date of issuance, pursuant to State Finance Law §102. | ||
|
Assessments |
31101 | Yes | Business | Annual assessments collected from regulated businesses (e.g. Banks, Insurance). |
| 31111 | Yes | Public Utilities | Annual assessments collected from regulated public utility and cable companies. | |
| 31121 | Medical Care – Statewide Hospital Patient Services | 1% of each general hospital's gross revenue received for inpatient hospital services credited to HCRA Resources Fund pursuant to Public Health Law. | ||
| 31122 | Medical Care – Covered Lives | Covered Lives assessments on health insurance policies credited to HCRA Resources Fund pursuant to Public Health Law. | ||
| 31123 | Medical Care – Patient Services/Surcharge | Surcharge assessments on the net patient service revenues of health care certain providers pursuant to Public Health Law. | ||
| 31124 | Medical Care Provider | Health Care Provider assessments credited to HCRA Resources Fund pursuant to Public Health Law. | ||
| 31131 | Yes | Other Assessments | Any assessments collected by a state agency other than those levied on regulated businesses, public utilities or the health care industry. | |
|
Commissions |
31201 | Casinos | State share of revenue generated by casinos. | |
| 31202 | Royalties and Patents | State share of revenue from royalties and patents on State owned real and intellectual property. | ||
| 31203 | Yes | Other Commissions | State share of revenue from any commissions collected by state agencies such as telephones, vending machines, etc. | |
|
Fees, Licenses and Permits |
31301 | Yes | Business or Professional | Fees collected according to State statues regulating business activities or professional licenses. |
| 31302 | Yes | Alcoholic Beverage Control | License and permit fees collected from wholesalers and retailers pursuant to provisions of the Alcohol Beverage Control Law. | |
| 31303 | Yes | Recreational or Consumer | Fees collected in accordance with State statues regulating recreational or consumer activities. | |
| 31304 | Yes | Motor Vehicle Fees/Licenses | Fees collected in accordance with various sections of NYS Vehicle and Traffic Law. | |
| 31305 | Yes | Civil Fees | Fees collected in accordance with provisions of NYS civil law. | |
| 31306 | Yes | Criminal Fees | Fees collected in accordance with provisions of NYS penal law. | |
|
Fines and Penalties |
31401 | Yes | Civil Court | Fines ordered by civil court justices. |
| 31402 | Yes | Criminal Court | Fines collected by criminal courts for felony and misdemeanor infractions. | |
| 31404 | Yes | Vehicle and Traffic | Fines collected for traffic law violations. | |
| 31403 | Yes | Mandatory Surcharge – Criminal Court | Mandatory surcharge collected for felony and misdemeanor convictions. | |
| 31405 | Yes | Mandatory Surcharge – Vehicle and Traffic | Mandatory surcharge collected for vehicle and traffic law violations. | |
| 31406 | Yes | Fines/Penalties – Non Court | Fines or penalties collected by State agencies that are not the result of court proceedings | |
| Forfeitures | 31501 | Yes | Civil | Receipts from assets forfeited as a result of civil court action |
| 31502 | Yes | Criminal | Receipts from assets forfeited as a result of criminal court action. | |
| Gifts, Grants (non-Federal) & Donations | 31601 | Restricted | Receipt of gifts, grants, or donations for a specific purpose (e.g. income tax check-off). | |
| 31602 | Unrestricted | Receipt of gifts, grants, or donations for an unspecified general government purpose. | ||
|
Interest Earnings |
31701 | STIP Interest | (OSC Use Only) – Account code used to post monthly interest earned or charged on average daily fund or project balances, pursuant to State Finance Law §98-a | |
| 31702 | Investment Income | (OSC Use Only) – Income earned on the investment of State funds. | ||
| 31703 | Interest Income – Agency (sole custody) Accounts | Interest earned on agency bank accounts approved by the State Comptroller’s Office (e.g. money market, savings, etc.). | ||
|
Patient/Client Care Reimbursements |
31801 | Patient/Client Care | Reimbursement for Medicaid advances, Waivers, Clinics for patient and client care provided at State-operated facilities. | |
| 31802 | Hospital – Medicaid | Medicaid reimbursement for care and treatment of patients in State-operated facilities. | ||
| 31803 | Hospital – Medicare | Medicare reimbursement for care and treatment of patients in State-operated facilities. | ||
| 31804 | Managed Care – HMO’s | Reimbursement from Health Maintenance Organization (HMO) for care and treatment of patients in State-operated facilities. | ||
| 31805 | Commercial/Self-Pay/Other | Reimbursement from insurance carriers or self-payers for care and treatment of patients in State-operated facilities. | ||
| 31806 | University Clinics | Reimbursement for care and treatment of patients in State university hospital facilities. | ||
|
Rebates |
31901 | Prescription Drug | Rebates from pharmaceutical manufacturers for covered outpatient drugs that are dispensed to Medicaid patients (re. §1927(c) of the Social Security Act). | |
| 31902 | Credit Card | Usage rebates from credit card companies that issue cards to State agency personnel. | ||
| 31903 | Yes | Other Rebates | Rebates received from sources other than pharmaceutical manufacturers or credit card companies. | |
|
Receipts from Public Authorities |
32001 | PA Bond Proceeds | Public Authority bond proceeds transferred as reimbursement of expenses paid by the State pursuant to appropriation. | |
| 32002 | PA Bond Issuance fees | Fee paid upon the issuance of Debt collected (re. § 2976 of the Public Authorities Law). | ||
| 32003 | PA Cost Recovery Assessments | Assessments collected from public authorities, pursuant to § 2975 of the Public Authorities Law, to reimburse the State for government services provided to, or on behalf of, the authorities. | ||
| 32004 | PA Non-Bond Related | All other receipts from public authorities. | ||
|
Receipts from Municipalities |
32101 | NYC Cigarette Tax | State share of revenues collected on sales of cigarette products in NYC. | |
| 32102 | State Aid Intercepts | Receipts from intercepted local assistance payments to collect an outstanding liability owed to the State. | ||
| 32103 | Municipal Refunds and Reimbursements | Receipts from municipalities for reimbursement of the cost of their share of various programs such as community treatment centers, new voting machines, debt service on low rent housing bond issues, and New York City Financial Control Board. | ||
|
Refunds and Reimbursements |
32201 | Student Loan Recoveries | Receipts from recovered outstanding student loans due to the State. | |
| 32202 | Administrative Recoveries | Receipts of administrative costs recovered from agencies and other non state entities for services provided by the State (e.g. administration of local tax collections). | ||
| 32203 | Fringe Benefit /Indirect Cost (FBIC) Allocations | Receipts from FBIC allocations made in accordance with State Finance Law §8-b. | ||
| 32204 | Indirect Cost Recoveries | Reimbursement for indirect costs of providing statewide support services that are NOT assessed by the Comptroller. | ||
| 32205 | Inter-Agency Billings | Receipts from inter-agency billings (i.e. agencies billed by central service agencies) or intra-agency billings, to recover the costs of services provided by them such as communications , information technology, food preparation, etc. | ||
| 32206 | Restitutions and Settlements | Receipts of restitution and settlement payments made to the State in accordance with a legal settlement or court directive. | ||
| 32207 | Refunds – Lapsed Approps | Receipts from refunds of lapsed appropriations. | ||
| 32208 | Yes | Reimbursements – All Other | Reimbursements received from sources other than recoveries, restitutions, settlements and lapsed appropriations. | |
|
Rentals |
32301 | Dormitory Room | Dormitory income for student housing at SUNY and CUNY colleges and universities. | |
| 32302 | Room Deposits | Dormitory room deposit income for student housing at SUNY and CUNY colleges and universities. | ||
| 32303 | Building Rent/Lease | Building rents collected by the State under the terms of a building lease agreement. | ||
| 32304 | Land | Land rents collected by the State under the terms of a land lease agreement. | ||
| 32305 | Other Facilities Rentals | Facilities rents collected for the use of State owned facilities such as golf courses, performing arts centers, pavilion beach or docking areas etc. Such rents are collected under the terms of a facilities lease agreement and are generally for short term, limited use. | ||
| 32306 | Easements | Payments received by the State from a private entity for a specific and short-term use of State owned land. (e.g. access to State land for logging purposes, cell tower placements, etc.) | ||
|
Sales |
32401 | Real Estate | Sale of real property including buildings, roads and land on which buildings are situated. | |
| 32402 | Commissary | Commissary store sales. | ||
| 32403 | Yes | Surplus Property | Proceeds from the sale of used equipment or property that is no longer needed. | |
| 32404 | Public Assets (HCRA) | Proceeds resulting from the conversion of health insurance carriers from a not-for-profit corporation to a for-profit corporation status. | ||
| 32405 | Lottery Tickets | Lottery games ticket sales. | ||
| 32406 | Video Lottery | Receipts from Video Lottery Terminals (VLTs) at horse racing facilities. | ||
| 32407 | Yes | Other Sales | Proceeds from the sale of any other property or service owned or provided by the State other than real estate, commissary store sales, surplus property, public assets, or lottery tickets. | |
|
Tuition |
32501 | Core | Tuition income for student enrollments at SUNY and CUNY colleges and universities. | |
| 32502 | Summer Session | Tuition income for student enrollments at SUNY and CUNY colleges and universities (summer session). | ||
| Temporary Undistributed Receipts | 32601 |
Temporary Undistributed Receipts |
Temporary account used to record agency receipts or OSC bank account sweeps where the proper classification cannot be immediately determined. All entries to this account MUST be classified within 5 days of the posting date. | |
| Restricted and Fiduciary Fund Deposits | 35500 | Restricted Escrow Fund Deposits | Restricted Escrow Fund Deposits (e.g. Eminent Domain, Payroll taxes, Refund Account, Bid deposits, etc.) |
Guide to Financial Operations
REV. 10/09/2019