Fund 744 - School Construction Revolving Account
Inactive Account 06/30/2010
Department of Natural Resources - 4900
2 - Treasury Trust Fund
SAAM Budget Type:
Budgeted (Nonappropriated/Allotted) (B)
Earnings from Investments are:
Retained by this fund under RCW 43.79A.040(4)(b).
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
Inactivated 7/1/10 per SSB 6572.
School Construction Revolving Account
AA - General Fund
AC - Administrative Accts in the General Fund
Closing GL Code: