Fund 605 - Permanent Common School Account
State Investment Board - 1260
1 - Treasury Fund
SAAM Budget Type:
Earnings from Investments are:
See Public Notes section below
Permanent and irreducible fund in the state treasury. Income derived from the fund is used for support of the common schools.
Sources of Revenue:
Federal Grants-In-Aid, Charges and Miscellaneous Revenue, Other Miscellaneous Revenue, Investment Income
Earnings from investments are credited to the common school construction fund (account 113) under State Constitution article IX, section 3 and RCW 43.84.092(4)(a).
Permanent Common School Account
EA - Permanent Funds
EC - Common School Permanent Fund
Closing GL Code:
9232 - Restricted for Education