Greetings! See information below from the Department of Treasury regarding the update of the Uniform Chart of Accounts. Thanks! Clare Clare D. Membiela, MLS, J.D. Library Law Consultant Library of Michigan MembielaC@michigan.gov<mailto:MembielaC@michigan.gov> 517-335-8132 The research and resources above are for informational purposes only and not for the purpose of providing legal advice. You should contact your attorney to obtain advice with respect to any particular issue or problem. [cid:image002.png@01D6C285.D5DB8260] From: Michigan Department of Treasury <MITreasury@govsubscriptions.michigan.gov> Sent: Tuesday, November 24, 2020 4:44 PM To: Membiela, Clare (MDE) <MembielaC@michigan.gov> Subject: Uniform Chart of Accounts - Final Release * Uniform Chart of Accounts Final Release Memo.pdf<https://gcc01.safelinks.protection.outlook.com/?url=https%3A%2F%2Flnks.gd%2Fl%2FeyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDAsInVyaSI6ImJwMjpjbGljayIsImJ1bGxldGluX2lkIjoiMjAyMDExMjQuMzEwNzMyMDEiLCJ1cmwiOiJodHRwczovL2NvbnRlbnQuZ292ZGVsaXZlcnkuY29tL2F0dGFjaG1lbnRzL01JVFJFQVMvMjAyMC8xMS8yNC9maWxlX2F0dGFjaG1lbnRzLzE2MTAxOTQvVW5pZm9ybSUyMENoYXJ0JTIwb2YlMjBBY2NvdW50cyUyMEZpbmFsJTIwUmVsZWFzZSUyME1lbW8ucGRmIn0.oO_fCu_5Jxn9BZMH64MN6KDdQdoIklqTILxmyRtKtdQ%2Fs%2F1149225574%2Fbr%2F90387298669-l&data=04%7C01%7Cmembielac%40michigan.gov%7Cc0fd3ffa858b404c67f708d890c20235%7Cd5fb7087377742ad966a892ef47225d1%7C0%7C0%7C637418510218585072%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&sdata=DyAWDde7cnyMnrrKPzIRL%2B4DkTLh7KX9YWSDbzRTm48%3D&reserved=0> We are announcing the final release of the Michigan Uniform Chart of Accounts. This final version comes after various exposure drafts and revisions in order to comply with changing standards from the Governmental Accounting Standards Board, statutory changes, and reformatting the document to make it more user friendly. Please see the attached. Additionally, the Department of Treasury has developed a website <https://gcc01.safelinks.protection.outlook.com/?url=https%3A%2F%2Flnks.gd%2Fl%2FeyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDEsInVyaSI6ImJwMjpjbGljayIsImJ1bGxldGluX2lkIjoiMjAyMDExMjQuMzEwNzMyMDEiLCJ1cmwiOiJodHRwczovL3d3dy5taWNoaWdhbi5nb3YvdHJlYXN1cnkvMCw0Njc5LDctMTIxLTE3NTFfOTg3NjktLS0sMDAuaHRtbCJ9.tjjgT66lsaOg6qowM5DMN0lXxLtN-Jho1ZntssUCFG0%2Fs%2F1149225574%2Fbr%2F90387298669-l&data=04%7C01%7Cmembielac%40michigan.gov%7Cc0fd3ffa858b404c67f708d890c20235%7Cd5fb7087377742ad966a892ef47225d1%7C0%7C0%7C637418510218585072%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&sdata=U8N1bPUq0vrncPlI8Om7VFNxr47fjIaqf1NH%2FrwN5f8%3D&reserved=0> with numbered letters, communications, and resources regarding COVID-19 information for local governments and school districts. 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