MI Department of Treasury Uniform Chart of Accounts
Description of Transfers Out and Other Financing Uses Activities

Transfers Out and Other Financing

965-Transfers Out and Other Financing Uses Function (Control Activity Number)

This Activity Number is normally found in the General Fund of units but may also be found in other operating funds. Its use is mandatory for all units. Its purpose is to reflect transfers out of (appropriations from) a fund. If individual detail is desired, the unit may use the following numbers as desired. The balance of 965 should at all times equal the total balance of Activity Number 966 through 999.