Fund 702 - Dedicated McCleary Penalty Account

Inactive Account 06/09/2022

Authority:

Admin Agency:

Office of Financial Management - 1050

Cash Type:

1 - Treasury Fund

SAAM Budget Type:

Appropriated (A)

Earnings from Investments are:

Credited to the general fund under RCW 43.84.092(4).

Description:

Used only to meet the state's obligation for basic education funding under RCW 28A.150.220.

Sources of Revenue:

Transfers.

Clientele:

General public.

Effective Date:

03/27/2018

Inactive Date:

06/09/2022

Public Notes:

Account repealed effective Jun 9, 2022, by 2SSB 5616 (Laws of 2022 c 157 § 23).

Account Code:

702

Account Title:

Dedicated McCleary Penalty Account

Fund Type:

AA - General Fund

Rollup Fund:

AC - Administrative Accts in the General Fund

Closing GL Code:

9232 - Restricted for Education

Office of Financial Management