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Fund Reference Manual

Fund 689 - Rural Washington Loan Account

Authority: RCW 43.168.110
Admin Agency: Department of Commerce - 1030
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: Funds in the account are to be used to provide capital to promote economic development and job creation in areas of economic stagnation, unemployment, and poverty.
Sources of Revenue: Charges and Miscellaneous Revenue, Other Miscellaneous Revenue, Interest Earnings
Clientele: Distressed local government economy (assistance to private businesses)
Effective Date: 07/01/1985

ACFR Information

Account Code: 689
Account Title: Rural Washington Loan Account
Fund Type: BA - Special Revenue Funds
Rollup Fund: BH - Local Construction and Loan Fund
Closing GL Code: 9325 - Committed for Local Grants and Loans