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Fund 605 - Permanent Common School Account

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Authority:
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:
Permanent and irreducible fund in the state treasury. Income derived from the fund is used for support of the common schools.
Sources of Revenue:
Federal Grants-In-Aid, Charges and Miscellaneous Revenue, Other Miscellaneous Revenue, Investment Income
Clientele:
Common schools
Effective Date:
Inactive Date:
Public Notes:
Earnings from investments are credited to the Common School Construction Account (Account 113) under State Constitution, Article IX, Section 3 and RCW 43.84.092(4)(a).

CAFR Information



Account Code:
605
Account Title:
Permanent Common School Account
Fund Type:
EA - Permanent Funds
Rollup Fund:
EC - Common School Permanent Fund
Closing GL Code:
9232 - Restricted for Education