NUMBER:

03A

TITLE:

Excess Earnings Account

CLASSIFICATION:

Fund Type:

Special Revenue (BA)

Treasury Type:

Treasury (1)

Budget Type:

Appropriated (A)

ROLL-UP FUND:

Central Administrative and Regulatory Fund (BD)

ADMINISTERED:

Office of State Treasurer Bond Retirement and Interest (0100)

AUTHORITY:

RCW 39.42.120

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:

1988

INACTIVE DATE: