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Fund 744

Fund Reference Manual

744-School Construction Revolving Account

Inactive Account 07/01/2010
Account Code:
744
Account Title:
School Construction Revolving Account
Admin Agency:
Department of Natural Resources - 4900
Fund Type:
AA - General Fund
Rollup Fund:
AC - Administrative Accts in the General Fund
Cash Type:
2 - Treasury Trust Fund
SAAM Budget Type:
Budgeted (Nonappropriated/Allotted) (B)
Interest Earning Authority:
43.79A.040
Authority:
Closing GL Code:
Description:
The legislature appropriated general fund money per the above chapter, $ 80 million of which was deposited in this account, created in the appropriation bill. Per the legislature this money is to be spent without further appropriations and is to be used by the Department of Natural Resources to acquire, in fee simple, common school trust lands lying west of the crest of the Cascade mountain range. Timber on these lands shall be commercially unsuitable for harvest due to economic considerations, good forest practices, or other interests of the state.
Sources of Revenue:
Other Miscellaneous Revenue, Interest Earnings
Clientele:
General public
Effective Date:
Inactive Date:
Thu, 07/01/2010
Public Notes:
Inactivated 7/1/10 per SSB 6572.