Fund 03A - Excess Earnings Account
Authority:
RCW 39.42.120
Admin Agency:
Bond Retirement and Interest - 0100
Cash Type:
1 - Treasury Fund
SAAM Budget Type:
Appropriated (A)
Earnings from Investments are:
Credited to the general fund under RCW 43.84.092(4).
Description:
Excess earnings from capital project bond proceeds requiring refund to the U.S. Internal Revenue Department under arbitrage rules governing tax exempt bond issues.
Sources of Revenue:
Other Miscellaneous Revenue
Clientele:
U.S. Treasury and invested capital project bond proceeds.
Effective Date:
07/01/1988
Inactive Date:
Public Notes:
ACFR Information
Account Code:
03A
Account Title:
Excess Earnings Account
Fund Type:
AA - General Fund
Rollup Fund:
AZ - Other Accounts in the General Fund
Closing GL Code:
9238 - Restricted for Other Purposes
