General Fund

AC

Administrative Accounts in the General Fund - Used for accounts that have administrative functions but do not have a specific revenue source and are generally funded with General Fund transfers. This includes the Budget Stabilization Account and accounts used to finance local projects, which are generally funded with bond proceeds and do not result in an asset owned by the state.

Special revenue funds

BA

Motor Vehicle Fund revenues are generated from vehicle fuel taxes, vehicle licenses, and federal transportation agencies. This fund accounts for the following: highway activities of the Washington State Patrol; operation of the state ferry system;  completion and preservation of the interstate system; maintenance of non-interstate highways and bridges; and other transportation improvements.

BD

The Central Administrative and Regulatory Fund accounts for operating expenditures of certain administrative and regulatory agencies.

BF

The Wildlife and Natural Resources Fund accounts for the protection and management, and remediation programs of the state's wildlife, habitats, and natural resources, including forests, water, and parks.

BH

The Local Construction and Loan Fund accounts for construction and loan programs for local public works projects.

Debt service funds

CA

The General Obligation Bond Fund accounts for the accumulation of resources for, and the payment of, non-transportation related general obligation bond principal and interest.

CC

The Tobacco Settlement Securitization Bond Fund accounts for the accumulation of resources for, and the payment of, principal and interest on revenue bonds issued by the Tobacco Settlement Authority, a blended component unit of the state.

Capital Projects Funds account for financial resources that are restricted or committed to expenditures for the acquisition, construction, or improvement of major state-owned capital facilities (other than highway infrastructure and those financed by proprietary funds). A brief description of each fund follows:

DB

The Higher Education Facilities Fund accounts for the acquisition, construction, and remodeling of higher education facilities.

Permanent funds

EA

The Higher Education Endowment and Other Permanent Funds account for gifts and bequests that the donors have specified must remain intact. Each gift is governed by various restrictions on the investment and use of the income earned on investments.

Enterprise Funds account for any activity for which a fee is charged to external users for goods or services. If an activity's principal revenue source meets any one of the following criteria, it is required to be reported as an enterprise fund: (1) an activity financed with debt that is secured solely by pledge of the net revenues from fees and charges for the activity; (2) laws or regulations require that the activity's costs of providing services, including capital costs, be recovered with fees and charges, rather than with taxes or similar revenues; or (3) pricing policies establish fees and charges designed to recover the activity's costs, including capital costs. A brief description of each fund follows:

FD

The Lottery Fund accounts for lottery ticket revenues, administrative and operating expenses of the Lottery Commission, and the distribution of revenue.

FG

The Unemployment Compensation Fund accounts for the unemployment compensation program. It accounts for the deposit of funds, requisitioned from the Federal Unemployment Trust Fund, to provide services to eligible participants within the state and to pay unemployment benefits.

FI

The Other Activities Fund accounts for the operation of the pollution liability insurance program, the Judicial Information System, the local Certificate of Participation (COP) financing program, the local government audit program, and the Secretary of State’s corporate public records program.

FK

The State Guranteed Education Tuition Program Fund accounts for the guaranteed college tuition program.

Internal Service Funds account for state activities that provide goods and services to other state departments or agencies on a cost-reimbursement basis.   A brief description of each fund follows:

GB

The Data Processing Revolving Fund accounts for distribution and apportionment of the full cost of data processing and data communication services to other state agencies, and for the payment of other costs incidental to the acquisition, operation, and administration of acquired data processing services, supplies, and equipment.

GE

The Risk Management Fund administers tort and sundry claims filed against Washington state agencies except for the University of Washington and the Washington State Department of Transportation Ferries Division.

Private-purpose trust funds

JD

The Other Private-Purpose Trust Fund accounts for various assets held in trust for other governments, individuals, or the public at large such as the administration of unclaimed property.

Investment trust funds

IA

The Local Government Pooled Investments Fund is used to report the external portion of the LGIP, which is reported by the state as the sponsoring government.

Pension (and other employee benefit) trust funds

HA

Public Employees’ Retirement System Plan 1 Fund membership includes eligible employees who first became members on or before September 30, 1977.  The following are examples of the types of employees included in membership if they work for a PERS covered employer: elected officials; state employees, employees of the Supreme, Appeals, and Superior Courts other than judges; employees of legislative committees; community and technical college, college, and university employees not in national higher education retirement programs; judges of district and municipal courts; classified employees of school districts, and educational service districts; and employees of local governments.

HC

Public Employees' Retirement System Plan 3 Defined Contribution Fund membership includes Plan 2 members who exercised an irrevocable option to transfer their membership to Plan 3, and eligible employees who first became members after March 1, 2002, for state and higher education employees, or September 1, 2002, for local government employees. The following examples of the types of employees included in membership if they work for a PERS covered employer: elected officials; state employees; employees of the Supreme, Appeals, and Superior Courts other than judges currently in the Judicial Retirement System; employees of legislative committees; community and technical college, college, and university employees not in national higher education retirement programs; judges of district and municipal courts; classified employees of school districts and educational service districts until September 1, 2000; and employees of local governments and political subdivisions.

HF

Teachers' Retirement System Combined Plan 2 and 3 Defined Benefit Fund membership is limited to certificated public school instructors, administrators, or supervisors who joined the system after September 30, 1977.

HH

Public Safety Employees' Retirement System Plan 2 Fund membership includes employees in criminal justice or criminal custodial positions for the state, county, or cities not covered under chapter 41.28 RCW, who became members on or after July 1, 2006.

HJ

Law Enforcement Officers’ and Fire Fighters’ Retirement System Plan 2 Fund membership includes all full-time, fully compensated, local law enforcement officers and fire fighters, who became members on or after October 1, 1977.

HL

Washington State Patrol Retirement System Plan 1 Fund membership is limited to commissioned employees of the Washington State Patrol who joined by December 31, 2002.

HN

Volunteer Firefighters’ and Reserve Officers' Retirement Fund membership requires volunteer service with a fire or police department of an electing municipality of the state.

HQ

Judges Retirement Fund membership includes judges elected or appointed to the Supreme Court, Court of Appeals, and Superior Courts prior to August 9, 1971.

HS

School Employees' Retirement System Plan 3 Defined Contribution Fund membership is limited to classified school district and educational service district employees who first became members on or after September 1, 2000, and those members of PERS Plan 2 who exercised an irrevocable option to transfer to Plan 3.

HV

The Higher Education Retirement Plans provides benefits for state institutions of higher education faculty and other positions as designated by each employer who are members of this supplemental defined benefit plan. The state universities, the state college, and the State Board for Community and Technical Colleges each participates in a separate plan.

Custodial funds

KA

The Other Custodial Fund accounts for (1) assets held for employees; foster children; inmates, patients, and residents of state institutions; (2) the local government share of contracted timber sales; and (3) monies held under other custodial responsibilities of the state.

KC

The Local Government Distributions Fund accounts for the receipt and allocation of taxes and fees imposed by local governments.

KE

The Retiree Health Insurance Fund accounts for premiums collected and payments for retiree insurance benefits.

General capital asset and long-term obligation subsidiary accounts

LB

General Long-Term Obligations Subsidiary is used to account for the state’s long­ term obligations other than those accounted for in proprietary and fiduciary funds.

Component units

The Tobacco Settlement Authority (TSA) was created to issue bonds to securitize a portion of the state's future tobacco settlement revenue to generate revenue to help fund increased costs of health care, long-term care, and other programs of the state.

UW Medicine Neighborhood Clinics (UW Neighborhood Clinics) were established for the exclusive benefit of the UWSOM, UWP and its affiliated medical centers, Harborview Medical Center, and the UW Medical Center (UWMC). The UW Neighborhood Clinics were organized to coordinate and develop patient care in a community clinical setting and enhance the academic environment of UWSOM by providing additional sites of primary care practice and training for faculty, residents, and students.

TOP and FYI Properties were formed to design and construct office facilities to house state employees. The facilities were financed with tax-exempt obligations that meet the requirements of Revenue Ruling 63-20 and Revenue Procedure 82-26 issued by the Internal Revenue Service.

Proprietary Fund Type Financing Authorities are: (1) Washington State Housing Finance Commission which makes funds available to help provide housing throughout the state, and to finance or refinance nursing homes and capital facilities owned and operated by nonprofit corporations; (2) Washington Higher Education Facilities Authority which provides funding to qualified, nonprofit higher education institutions in the state; (3) Washington Health Care Facilities Authority which makes funds available to qualified, nonprofit health care facilities in the state; and (4) Washington Economic Development Finance Authority which makes funds available to small and medium-sized businesses in the state for qualifying manufacturing and processing facilities and projects.