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Fund Reference Manual

Fund 056 - State Higher Education Construction Account

Inactive Account 07/01/2023
Authority: RCW 43.83.300
Admin Agency: OFM Financial Statement Control - 7000
Cash Type: 1 - Treasury Fund
SAAM Budget Type: Appropriated (A)
Earnings from Investments are: Retained by this fund under RCW 43.84.092(4)(a).
Description: Provide needed capital improvements consisting of the acquisition, construction, remodeling, furnishing and equipping of state buildings and facilities for the institutions of higher education.
Sources of Revenue: Bond Sale Proceeds, Miscellaneous Revenue, Interest Earnings
Clientele: Institutions of higher education and students
Effective Date: 07/01/1973
Inactive Date: 07/01/2023
Public Notes: Account repealed effective July 1, 2023, by SB 5295 (Laws of 2023, ch 41, § 1).

ACFR Information

Account Code: 056
Account Title: State Higher Education Construction Account
Fund Type: DA - Capital Projects Funds
Rollup Fund: DB - Higher Education Facilities Fund
Closing GL Code: 9310 - Committed for Higher Education