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Fund Reference Manual

Fund 731 - Child Care Facility Revolving Acct

Authority: RCW 43.31.502
Admin Agency: Department of Commerce - 1030
Cash Type: 2 - Treasury Trust Fund
SAAM Budget Type: Nonappropriated/Nonallotted (N)
Earnings from Investments are: See Public Notes section below
Description: To provide grants and loans to assist persons, businesses, or organizations to start a licensed child care facility, or to make capital improvements in an existing licensed child care facility. Grants and loans per applicant are restricted as follows: shall be awarded on a one-time only basis; shall not be awarded to cover operating expenses beyond the first three months of business; and no grant or loan shall exceed twenty-five thousand dollars.
Sources of Revenue: Federal Grants-In-Aid, Charges and Miscellaneous Revenue, Other Miscellaneous Revenue, Interest Earnings
Clientele: Child care providers, general public
Effective Date: 07/01/1989
Public Notes: Account keeps own interest per 3/14/02 ATG memo to OST.

ACFR Information

Account Code: 731
Account Title: Child Care Facility Revolving Acct
Fund Type: BA - Special Revenue Funds
Rollup Fund: BE - Human Services Fund
Closing GL Code: 9323 - Committed for Human Services