Liabilities · Current Liabilities
2110 Interest Payable
Since 2026.10
- What it is
- Interest owed but not yet paid at period end.
- Accounting standard
- Governmental funds record interest when due; the government-wide ledger accrues it.
- Examples
- Accrued interest on revenue bonds between payment dates.
- Do not use for
- Principal due (2170).
Where it reports on the Cities FTR
| Fund type | FTR line |
|---|---|
| Governmental funds | Form 37 R21 Interest PayableGEN_INTEREST_PAYABLE Column for the fund's type (general, special revenue, capital projects, debt service, permanent). |
| Government-wide ledger (980) | Not reported. Current liabilities of governmental activities are not reported on form 40. |
| Enterprise funds (water example) | Form 38 R34 Interest PayableENT_INTEREST_PAYABLE Enterprise or internal service column. |
| Internal service funds | Form 38 R34 Interest PayableINT_SERV_INTEREST_PAYABLE Enterprise or internal service column. |
| Fiduciary funds (pension trust example) | Form 39 R23.5 Other Current LiabilitiesPEN_OTHER_EE_BEN_TRUST_OTHR_CURR_LIAB Column for the trust or custodial fund type. |
Enterprise placement is shown for a water fund; other enterprise funds use the same line on their own form. Check any combination in the FTR finder.