Fund 731 - Child Care Facility Revolving Acct
Authority:
RCW 43.31.502
Admin Agency:
Department of Commerce - 1030
Cash Type:
2 - Treasury Trust Fund
SAAM Budget Type:
Nonappropriated/Nonallotted (N)
Earnings from Investments are:
See Public Notes section below
Description:
To provide grants and loans to assist persons, businesses, or organizations to start a licensed child care facility, or to make capital improvements in an existing licensed child care facility. Grants and loans per applicant are restricted as follows: shall be awarded on a one-time only basis; shall not be awarded to cover operating expenses beyond the first three months of business; and no grant or loan shall exceed twenty-five thousand dollars.
Sources of Revenue:
Federal Grants-In-Aid, Charges and Miscellaneous Revenue, Other Miscellaneous Revenue, Interest Earnings
Clientele:
Child care providers, general public
Effective Date:
07/01/1989
Inactive Date:
Public Notes:
Account keeps own interest per 3/14/02 ATG memo to OST.
ACFR Information
Account Code:
731
Account Title:
Child Care Facility Revolving Acct
Fund Type:
BA - Special Revenue Funds
Rollup Fund:
BE - Human Services Fund
Closing GL Code:
9323 - Committed for Human Services
