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291 Education Savings Account

Account code: 291
Account title: Education Savings Account
Administering agency: 3500 - Supt of Public Instruction
Fund type: AA - General Fund
Roll-up fund: AC - Administrative Accts in the General Fund
Cash type: 1 - Treasury Fund
SAAM budget type: Appropriated (A)
Interest earning authority:
Authority: RCW 43.79.465
Closing GL Code: 9321
Description: Used to fund common school construction projects that are eligible for funding from the common school construction account, and for technology improvements in the common schools. Also used to help fund the distinguished professorship trust fund, graduate fellowship trust fund and the college faculty awards trust fund.
Sources of revenue: Miscellaneous Revenue
Clientele: Common schools (K-12)
Effective date: 7/1/1997
Inactive date:
Notes: