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Fund Reference Manual

Fund 688 - Federal Local Rail Service Assistance

Authority: RCW 43.88.195
Admin Agency: Department of Transportation - 4050
Cash Type: 2 - Treasury Trust Fund
SAAM Budget Type: Nonappropriated/Nonallotted (N)
Earnings from Investments are: See Public Notes section below
Description: State administered federal matching programming for projects associated with light density rail lines.
Sources of Revenue: Charges and Miscellaneous Revenue, Other Miscellaneous Revenue, Interest Earnings
Clientele: Public and private light density railroad operators
Public Notes: 80% of the interest earnings are credited to the fund under RCW 43.79A.040(4)(c). 20% of the interest earnings are credited to the general fund under 43.79A.040(4)(a).

ACFR Information

Account Code: 688
Account Title: Federal Local Rail Service Assistance
Fund Type: BA - Special Revenue Funds
Rollup Fund: BB - Multimodal Transportation Fund
Closing GL Code: 9234 - Restricted for Transportation