Grants and public assistance includes payments to counties, cities, towns, villages, school districts, private schools, and other local government units as well as certain financial assistance to (or on behalf of) individuals, unemployment insurance benefits, and nonprofit organizations.
These types are payments are financed specifically from local assistance or capital projects grant program appropriations.
Click here to download the table below as a Microsoft Excel file.
| SFS Account | Title | Description |
|---|---|---|
| 60301 | Local Grants and Public Assistance | Payments to counties, cities, towns, villages, school districts, private schools, other local government units and nonprofit organizations, as well as certain financial assistance to (or on behalf of) individuals, annuities {Blind Veterans, Gold Star}, and unemployment benefits. The account code together with the program code and/or fund code will identify the specific grant or capital projects program(s) from which grant and public assistance expenditures are made. |
| 60311 | Interest – Grants to Others | Interest on late payments for unjustified delays in paying vendors, and providers of service pursuant to Article 11-A of the State Finance Law. |
| 60321 | Grants – Retainage | Retainage is the amount temporarily withheld from grant payments to ensure contract performance. This account code is used for both the withholding and release of monies to the payee. |
| 60335 | Local Assistance Advance | Local Assistance payments to be repaid. |
Guide to Financial Operations
REV. 01/07/2026