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Fund Reference Manual

Fund 880 - Advance Right-Of-Way Revolving Account

Authority: RCW 47.12.244
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: Funds used by the Highway Commission to acquire right-of-way for future construction. Whenever, after any property or property rights are acquired from funds in the fund, the Washington’s Highway Commission proceeds with construction of a highway which will require use of any of the property so acquired, the Commission shall reimburse the revolving fund the amount of the prior expenditures for advance right-of-way acquisition.
Sources of Revenue: Federal Grants-In-Aid, Interest Earnings, rental income
Clientele: Department of Transportation
Effective Date: 07/01/1969
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: 880
Account Title: Advance Right-Of-Way Revolving Account
Fund Type: BA - Special Revenue Funds
Rollup Fund: BB - Multimodal Transportation Fund
Closing GL Code: 9320 - Committed for Transportation