Fund 605 - Permanent Common School Account
Authority:
RCW ARIXS3CONSTI
Admin Agency:
State Investment Board - 1260
Cash Type:
1 - Treasury Fund
SAAM Budget Type:
Nonappropriated/Nonallotted (N)
Earnings from Investments are:
See Public Notes section below
Description:
Permanent and irreducible fund in the state treasury. Income derived from the fund is used for support of the common schools.
Sources of Revenue:
Federal Grants-In-Aid, Charges and Miscellaneous Revenue, Other Miscellaneous Revenue, Investment Income
Clientele:
Common schools
Effective Date:
Inactive Date:
Public Notes:
Earnings from investments are credited to the common school construction fund (account 113) under State Constitution article IX, section 3 and RCW 43.84.092(4)(a).
ACFR Information
Account Code:
605
Account Title:
Permanent Common School Account
Fund Type:
EA - Permanent Funds
Rollup Fund:
EC - Common School Permanent Fund
Closing GL Code:
9232 - Restricted for Education
