Fund 880 - Advance Right-Of-Way Revolving Account
Department of Transportation - 4050
2 - Treasury Trust Fund
SAAM Budget Type:
Earnings from Investments are:
See Public Notes section below
Funds used by the Highway Commission to acquire right-of-way for future construction. Whenever, after any property or property rights are acquired from funds in the fund, the Washington’s Highway Commission proceeds with construction of a highway which will require use of any of the property so acquired, the Commission shall reimburse the revolving fund the amount of the prior expenditures for advance right-of-way acquisition.
Sources of Revenue:
Federal Grants-In-Aid, Interest Earnings, rental income
Department of Transportation
80% of the interest earnings are credited to the fund under RCW 43.79A.040(4)(c). 20% of the interest earnings are credited to the general fund under 43.79A.040(4)(a).
Advance Right-Of-Way Revolving Account
BA - Special Revenue Funds
BB - Multimodal Transportation Fund
Closing GL Code:
9320 - Committed for Transportation