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Fund Reference Manual

Fund 997 - General Capital Assets Subsidiary

Authority: RCW 43.88.160
Admin Agency: Locally by each agency - LCL0
Cash Type: 3 - Local Fund
SAAM Budget Type: Nonappropriated/Nonallotted (N)
Earnings from Investments are: Credited to the appropriate fund as directed by the Legislature and/or the administering agency of the fund. RCW’s 43.79A.040 and 43.84.092 do not apply.
Description: Administratively established by OFM to account and report all general capital assets, except those related to proprietary or trust funds, in accordance with generally accepted accounting principles.
Sources of Revenue: Revenues are not applicable to this fund type
Clientele: State agencies

ACFR Information

Account Code: 997
Account Title: General Capital Assets Subsidiary
Fund Type: IA - General Capital Assets
Rollup Fund: LA - General Capital Assets Subsidiary
Closing GL Code: 9850 - Investment in General Capital Assets