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Fund 403 - Self-Insurance Revolving Account

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Authority:
Admin Agency:
University of Washington - 3600
Cash Type:
3 - Local Fund
SAAM Budget Type:
Nonappropriated/Nonallotted (N)
Earnings from Investments are:
See Public Notes section below
Description:
Used to pay judgments against the university, its schools, colleges, departments and hospitals and against its regents, officers, employees, agents and students for whom the defense of an action, claim, or proceeding has been provided pursuant to RCW 28B.20.250. Payments in excess of $2,500 must be approved by the State Attorney General as well as the Board of Regents.
Sources of Revenue:
Other Miscellaneous Revenue, Interest Earnings
Clientele:
University of Washington tort claimants
Effective Date:
06/30/1976
Inactive Date:
Public Notes:
Earnings from investments are credited to the appropriate fund as directed by the Leg. and/or the admin agency of the fund. (Listed in RCW 43.79A.040, but that does not apply to local funds.)

CAFR Information



Account Code:
403
Account Title:
Self-Insurance Revolving Account
Fund Type:
GA - Internal Service Funds
Rollup Fund:
GD - Higher Education Revolving Fund
Closing GL Code:
9400 - Accumulated Earnings(Loss)