Liabilities · Long-Term Liabilities
2340-2799 Long-Term Liabilities – Local Detail
Reserved range for local detail codesSince 2026.10
- What it is
- Reserved local-detail block for long-term liabilities. Use for city-specific long-term obligations and components requiring separate identification without breaking rollups.
- Accounting standard
- Use for additional long-term liabilities consistent with recognition and measurement requirements for the reporting model and fund type.
- Accounting note
- Define each local account and maintain supporting schedules (debt/lease/claims/actuarial). Ensure separation of current vs long-term where needed.
- Reporting note
- This block supports expansion for detailed debt issues, lease types, benefit obligations, and other long-term liabilities while preserving rollups to Long‑Term Liabilities.
- Examples
- Specific bond issue payable; specific lease liability series; long-term claims payable; other actuarial liabilities.
- Do not use for
- Do not use for operating expenses or revenues.
Where it reports on the Cities FTR
| Fund type | FTR line |
|---|---|
| Governmental funds | Form 40 R38 Other Noncurrent Liabilities 3LT_OBLIG_OTHER_LT_OBLIG3 Government-wide item; record in the conversion ledger (980). |
| Government-wide ledger (980) | Form 40 R38 Other Noncurrent Liabilities 3LT_OBLIG_OTHER_LT_OBLIG3 Government-wide item; record in the conversion ledger (980). |
| Enterprise funds (water example) | Form 38 R59 Other Noncurrent Liabilities 2ENT_OTHER_NONCURR_LIAB2 Enterprise or internal service column. |
| Internal service funds | Form 38 R59 Other Noncurrent Liabilities 2INT_SERV_OTHER_NONCURR_LIAB2 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.