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Fund 801 - Opportunity Scholarship Cust Acct

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Authority:
Admin Agency:
State Investment Board - 1260
Cash Type:
3 - Local Fund
SAAM Budget Type:
Nonappropriated/Nonallotted (N)
Earnings from Investments are:
Credited to the appropriate fund as directed by the Legislature and/or the administering agency of the fund. RCW’s 43.79A.040 and 43.84.092 do not apply.
Description:
For SIB to invest, reinvest, manage, contract, sell or exchange investment money on behalf of the WSOS (Washington State Opportunity Scholarship).
Sources of Revenue:
Deposits to this account are recorded as miscellaneous revenue and investment income; however, these funds are not considered funds of the state as they are held in trust until distributed.
Clientele:
Scholarship recipients
Effective Date:
06/05/2014
Inactive Date:
Public Notes:

ACFR Information



Account Code:
801
Account Title:
Opportunity Scholarship Cust Acct
Fund Type:
HD - Custodial Funds
Rollup Fund:
KA - Other Custodial Funds
Closing GL Code:
9584 - Restricted for Custodial