Liabilities · Long-Term Liabilities
2203 Certificates of Participation
Since 2026.10
- What it is
- Lease-financing obligations sold to investors as certificates.
- Examples
- COPs issued to finance a city hall.
Where it reports on the Cities FTR
| Fund type | FTR line |
|---|---|
| Governmental funds | Form 40 R26 Certificates of ParticipationLT_OBLIG_CERT_PART Government-wide item; record in the conversion ledger (980). |
| Government-wide ledger (980) | Form 40 R26 Certificates of ParticipationLT_OBLIG_CERT_PART Government-wide item; record in the conversion ledger (980). |
| Enterprise funds (water example) | Form 38 R48 Certificates of ParticipationENT_CERT_PART Enterprise or internal service column. |
| Internal service funds | Form 38 R48 Certificates of ParticipationINT_SERV_CERT_PART Enterprise or internal service column. |
| Fiduciary funds (pension trust example) | Form 39 R24.7 Other Long Term LiabilitiesPEN_OTHER_EE_BEN_TRUST_OTHR_LT_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.