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689 Rural Washington Loan Account

Account code: 689
Account title: Rural Washington Loan Account
Administering agency: 1030 - Department of Commerce
Fund type: BA - Special Revenue Funds
Roll-up fund: BH - Local Construction and Loan Fund
Cash type: 1 - Treasury Fund
SAAM budget type: Appropriated (A)
Interest earning authority: 43.84.092
Authority: RCW 43.168.110
Closing GL Code: 9325
Description: Funds in the account are to be used to provide capital to promote economic development and job creation in areas of economic stagnation, unemployment, and poverty.
Sources of revenue: Charges and Miscellaneous Revenue, Other Miscellaneous Revenue, Interest Earnings
Clientele: Distressed local government economy (assistance to private businesses)
Effective date: 7/1/1985
Inactive date: