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Fund 607

Fund Reference Manual

607-State University Permanent Account

Account Code:
607
Account Title:
State University Permanent Account
Admin Agency:
State Investment Board - 1260
Fund Type:
EA - Permanent Funds
Rollup Fund:
EA - Higher Ed Endowment & Other Perm Funds
Cash Type:
1 - Treasury Fund
SAAM Budget Type:
Nonappropriated/Nonallotted (N)
Interest Earning Authority:
N/A
Authority:
Closing GL Code:
9230
Description:
This is a permanent fund and all moneys are invested. All investment income, less applicable allocations under RCW 43.08.190 and RCW 43.33A.160, must be credited exclusively to the University of Washington bond retirement account (RCW 28B.20.800).
Sources of Revenue:
Sales of Land, Charges and Miscellaneous Revenue, Other Miscellaneous Revenue, Investment Income.
Clientele:
University of Washington
Effective Date:
Mon, 07/01/1907
Inactive Date:
Public Notes: