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791 Community and Technical College Fund for Innovation and Quality Account

Account code: 791
Account title: Community and Technical College Fund for Innovation and Quality Account
Administering agency: 6990 - Community/Technical College System
Fund type: BA - Special Revenue Funds
Roll-up fund: BG - Higher Education Fund
Cash type: 2 - Treasury Trust Fund
SAAM budget type: Budgeted (Nonappropriated/Allotted) (B)
Interest earning authority:
Authority: RCW 28B.120.050
Closing GL Code:
Description: To award incentive grants to state public institutions of higher education or consortia of institutions to encourage cooperative programs designed to address specific system problems. Grants shall not exceed a two-year period. Each institution or consortia of institutions receiving the award shall contribute some financial support, either by covering part of the costs for the program during its implementation, or by assuming continuing support at the end of the grant period. Strong priority will be given to proposals that involve more than one sector of education, and to proposals that show substantive institutional commitment.
Sources of revenue: Charges and Miscellaneous Revenue, Other Miscellaneous Revenue
Clientele: Institutions of higher education
Effective date: 7/1/1999
Inactive date: 7/1/2010
Notes: Inactivated 7/1/10 per SSB 6572.