Fund 403 - Self-Insurance Revolving Account
University of Washington - 3600
3 - Local Fund
SAAM Budget Type:
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.
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
University of Washington tort claimants
Self-Insurance Revolving Account
GA - Internal Service Funds
GD - Higher Education Revolving Fund
Closing GL Code:
9400 - Accumulated Earnings(Loss)