Fund 604 - Normal School Permanent Account
Authority:
RCW 43.79.160
Admin Agency:
State Investment Board - 1260
Cash Type:
1 - Treasury Fund
SAAM Budget Type:
Nonappropriated/Nonallotted (N)
Earnings from Investments are:
See Public Notes section below
Description:
This is a permanent fund and all moneys are invested. Investment income, less applicable allocations under RCW 43.08.190 and RCW 43.33A.60, must be credited exclusively to the capital project accounts of the normal schools; i.e., Eastern Washington University, Western Washington University, Central Washington University, and The Evergreen State College (RCW 28B.35.751).
Sources of Revenue:
Sale of lands, Charges and Miscellaneous Revenue, Other Miscellaneous Revenue, Investment Income.
Clientele:
Eastern Washington University, Western Washington University, Central Washington University and The Evergreen State College
Effective Date:
07/01/1965
Inactive Date:
Public Notes:
Earnings from investments are credited to the following capital projects accounts under RCW 28B.35.751 and 43.84.092(4)(a): EWU (Acct 061), CWU (Acct 063, WWU (Acct 065), and TESC (Acct 066).
ACFR Information
Account Code:
604
Account Title:
Normal School Permanent Account
Fund Type:
EA - Permanent Funds
Rollup Fund:
EA - Higher Ed Endowment & Other Perm Funds
Closing GL Code:
9230 - Restricted for Higher Ed
