Fund 606 - Scientific Permanent Account
Authority:
RCW 43.79.110
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:
This is a permanent fund and all moneys are invested. Investment income, less applicable allocations under RCW 43.08.190 and RCW 43.33A.60, must be credited exclusively to the Washington State University building account.
Sources of Revenue:
Sales of Land, Charges and Miscellaneous Revenue, Other Miscellaneous Revenue, Investment Income.
Clientele:
Washington State University
Effective Date:
07/01/1901
Inactive Date:
Public Notes:
Earnings from investments are credited to the WSU building account (account 062) under RCW 43.79.110 and 43.84.092(4)(a).
ACFR Information
Account Code:
606
Account Title:
Scientific Permanent Account
Fund Type:
EA - Permanent Funds
Rollup Fund:
EA - Higher Ed Endowment & Other Perm Funds
Closing GL Code:
9230 - Restricted for Higher Ed