STORED VALUE CARD - A card that has a pre-determined limit of cash, which is drawn down with every purchase. The card stores information on a magnetic stripe. It is not a credit card. Cardholders can access only the funds that are deposited on the card. These cards can be reloadable or disposable.
SUBOBJECT - A refined breakdown of object of expenditures relating to particular items or item categories. Refer to OBJECT/SUBOJECT OF EXPENDITURE CODE.
SUB-PROGRAM - A general term describing specific activities within an agency program.
SUB-PROGRAM CODE - A code assigned by the agency to identify specific activities or organizational units within a single program.
SUBRECIPIENT - A non-federal entity that expends federal awards received from a pass-through entity to carry out a federal program, but does not include an individual that is a beneficiary of such a program. It also excludes vendors that receive federal funds in exchange for goods and/or services in the course of normal trade or commerce.
SUBSIDIARY ACCOUNTS - A group of related accounts supporting in detail the balance of a controlling account, usually kept in a subsidiary ledger. Refer to SUBSIDIARY LEDGER and CONTROL ACCOUNT.
SUBSIDIARY LEDGER - A group of subsidiary accounts, the sum of the balances of which is equal to the balance of the related control account. Refer to GENERAL LEDGER and SUBSIDIARY ACCOUNTS.
SUBSISTENCE - Daily travel expenses covering meals, taxes, tips for meals and incidental expenses.
SUBSTANTIAL CONTRACT AMENDMENT - Changes to contracts wherein the value of the amendment, singly or cumulatively, exceeds fifty percent of the value of the original contract and/or when the amendments significantly changes the scope of work of the contract or of the original solicitation document.
SUB-SUB-OBJECT OF EXPENDITURE CODE - Optional code assigned by an agency to further identify a particular expenditure item within a sub-object of expenditure.
SUITABLE SPACE FOR A CHILD CARE FACILITY - Space that is, or, with an identified financial resource, can be made, sufficient to meet licensing requirements as a child care facility. It must be able to set aside exclusively for use as a child care facility, including provision for a food preparation area, storage areas sufficient for the program, and restroom and changing facilities. It must be able to be made secure, and must be convenient to the place of employment of the state employee parents or guardians of children enrolled in the program.
SUPPLIES - Assets consumed in the course of an agency's operations.
SUPPORTING SCHEDULES - Financial presentations used: （1） to demonstrate compliance with finance-related legal and contractual provisions; （2） to aggregate and present in greater detail information spread throughout the financial statements that can be brought together and shown in greater detail （e.g., cash balances, investments, current and delinquent taxes）; （3） to present greater detail information reported in the financial statements （e.g., additional revenue sources detail）; and （4） to present information not disclosed in the GAAP financial statements.
SURETY BOND - A written promise to pay damages or to indemnify against losses caused by the party or parties named in the document, through nonperformance or through embezzlement defalcation. Surety bonds also include fidelity bonds covering governmental officials and employees. Refer to FIDELITY BOND.
SUSPENSE ACCOUNT - An account that carries charges or credits temporarily pending the determination of the proper account or accounts to which they are to be posted. It does not appear in financial statements.
TAXES - Compulsory charges levied by a government for the purpose of financing services performed for the common benefit.
TAXES RECEIVABLE - An asset account reflecting the uncollected portion of taxes that have been levied.
TELECOMMUTING - Involves the use of telephones and computers to enable an employee to work at a location other than their regular workplace. Telecommuting is a Commute Trip Reduction strategy that must be approved by an employee＊s agency.
TEMPORARILY ASSIGNED VEHICLE - A motor vehicle that has been assigned to a state agency or an individual for a period of 30 days or less.
TEMPORARY DUTY STATION - A fixed location where a state official or employee has been temporarily assigned to work for a specific period of time which is less than one year.
TERM BONDS - Bonds whose entire principal matures on one date.
TERMINATION BENEFITS - Benefits given to employees when they leave state service either voluntarily （i.e. early retirement） or involuntarily （i.e. reduction in force）. Examples of benefits include cash payments, enhancements to defined benefit pension or other postemployment benefit formulas, continued access to health insurance, severance pay, career counseling, and/or outplacement services.
TDD - An acronym for Telecommunication Devices for the Deaf.
TRADE DISCOUNT - An allowance, usually varying in percentage with the volume of transactions, made without respect to the time when the account is paid. These discounts are commonly considered a reduction of the sales or purchase price and not earnings. The term is not to be confused with cash discount. Refer to CASH DISCOUNT.
TRANSPORTATION EXPENSES - Those costs covering a） travel by commercial carriers such as bus, train, ship, and airplane; b） travel by privately owned motor vehicles, such as cars, motorcycles, vans, or trucks; c） travel by rental motor vehicle; d） or some combination of a）, b）, and/or c）.
SUBOBJECT - A refined breakdown of object of expenditures relating to particular items or item categories. Refer to OBJECT/SUBOJECT OF EXPENDITURE CODE.
SUB-PROGRAM - A general term describing specific activities within an agency program.
SUB-PROGRAM CODE - A code assigned by the agency to identify specific activities or organizational units within a single program.
SUBRECIPIENT - A non-federal entity that expends federal awards received from a pass-through entity to carry out a federal program, but does not include an individual that is a beneficiary of such a program. It also excludes vendors that receive federal funds in exchange for goods and/or services in the course of normal trade or commerce.
SUBSIDIARY ACCOUNTS - A group of related accounts supporting in detail the balance of a controlling account, usually kept in a subsidiary ledger. Refer to SUBSIDIARY LEDGER and CONTROL ACCOUNT.
SUBSIDIARY LEDGER - A group of subsidiary accounts, the sum of the balances of which is equal to the balance of the related control account. Refer to GENERAL LEDGER and SUBSIDIARY ACCOUNTS.
SUBSISTENCE - Daily travel expenses covering meals, taxes, tips for meals and incidental expenses.
SUBSTANTIAL CONTRACT AMENDMENT - Changes to contracts wherein the value of the amendment, singly or cumulatively, exceeds fifty percent of the value of the original contract and/or when the amendments significantly changes the scope of work of the contract or of the original solicitation document.
SUB-SUB-OBJECT OF EXPENDITURE CODE - Optional code assigned by an agency to further identify a particular expenditure item within a sub-object of expenditure.
SUITABLE SPACE FOR A CHILD CARE FACILITY - Space that is, or, with an identified financial resource, can be made, sufficient to meet licensing requirements as a child care facility. It must be able to set aside exclusively for use as a child care facility, including provision for a food preparation area, storage areas sufficient for the program, and restroom and changing facilities. It must be able to be made secure, and must be convenient to the place of employment of the state employee parents or guardians of children enrolled in the program.
SUPPLIES - Assets consumed in the course of an agency's operations.
SUPPORTING SCHEDULES - Financial presentations used: （1） to demonstrate compliance with finance-related legal and contractual provisions; （2） to aggregate and present in greater detail information spread throughout the financial statements that can be brought together and shown in greater detail （e.g., cash balances, investments, current and delinquent taxes）; （3） to present greater detail information reported in the financial statements （e.g., additional revenue sources detail）; and （4） to present information not disclosed in the GAAP financial statements.
SURETY BOND - A written promise to pay damages or to indemnify against losses caused by the party or parties named in the document, through nonperformance or through embezzlement defalcation. Surety bonds also include fidelity bonds covering governmental officials and employees. Refer to FIDELITY BOND.
SUSPENSE ACCOUNT - An account that carries charges or credits temporarily pending the determination of the proper account or accounts to which they are to be posted. It does not appear in financial statements.
TAXES - Compulsory charges levied by a government for the purpose of financing services performed for the common benefit.
TAXES RECEIVABLE - An asset account reflecting the uncollected portion of taxes that have been levied.
TELECOMMUTING - Involves the use of telephones and computers to enable an employee to work at a location other than their regular workplace. Telecommuting is a Commute Trip Reduction strategy that must be approved by an employee＊s agency.
TEMPORARILY ASSIGNED VEHICLE - A motor vehicle that has been assigned to a state agency or an individual for a period of 30 days or less.
TEMPORARY DUTY STATION - A fixed location where a state official or employee has been temporarily assigned to work for a specific period of time which is less than one year.
TERM BONDS - Bonds whose entire principal matures on one date.
TERMINATION BENEFITS - Benefits given to employees when they leave state service either voluntarily （i.e. early retirement） or involuntarily （i.e. reduction in force）. Examples of benefits include cash payments, enhancements to defined benefit pension or other postemployment benefit formulas, continued access to health insurance, severance pay, career counseling, and/or outplacement services.
TDD - An acronym for Telecommunication Devices for the Deaf.
TRADE DISCOUNT - An allowance, usually varying in percentage with the volume of transactions, made without respect to the time when the account is paid. These discounts are commonly considered a reduction of the sales or purchase price and not earnings. The term is not to be confused with cash discount. Refer to CASH DISCOUNT.
TRANSPORTATION EXPENSES - Those costs covering a） travel by commercial carriers such as bus, train, ship, and airplane; b） travel by privately owned motor vehicles, such as cars, motorcycles, vans, or trucks; c） travel by rental motor vehicle; d） or some combination of a）, b）, and/or c）.