Liabilities · Current Liabilities
2160 Compensated Absences — Current Portion
Since 2026.10
- What it is
- Leave expected to be used or paid out within one year.
- Accounting standard
- GASB 101. Governmental funds report only amounts due and payable (separations).
- Examples
- Vacation and sick leave payouts owed to separated employees.
- Do not use for
- The long-term balance (2220).
Where it reports on the Cities FTR
| Fund type | FTR line |
|---|---|
| Governmental funds | Form 37 R27 Other Liabilities 1GEN_OTHER_LIAB1 Column for the fund's type (general, special revenue, capital projects, debt service, permanent). Matured compensated absences and debt due are other liabilities in governmental funds. |
| Government-wide ledger (980) | Form 40 R23 Compensated AbsencesLT_OBLIG_COMP_ABS Record the full balance in the long-term code when possible. |
| Enterprise funds (water example) | Form 38 R38 Accrued Compensated AbsencesENT_ACCR_COMP_ABS Enterprise or internal service column. |
| Internal service funds | Form 38 R38 Accrued Compensated AbsencesINT_SERV_ACCR_COMP_ABS 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.