Wash. Rev. Code § 28A.515.010
Condensed compliance reports—Second-class districts
Any compliance reporting requirements as a result of laws in this chapter that apply to second-class districts may be submitted in accordance with RCW 28A.330.250.
Revised Code of Washington Chapter 28A.515 — Common School Construction Fund
Washington · statute · Wash. Rev. Code ch. 28A.515 · 5 active provisions
Wash. Rev. Code § 28A.515.300
Permanent common school fund—Sources—Use
(1) The principal of the common school fund as the same existed on June 30, 1965, shall remain permanent and irreducible. The said fund shall consist of the principal amount thereof existing on June 30, 1965, and such additions thereto as may be derived after June 30, 1965, from the following named sources, to wit: App…
Wash. Rev. Code § 28A.515.310
Certain losses to permanent common school fund or other state educational funds as funded debt against state
All losses to the permanent common school or any other state educational fund, which shall be occasioned by defalcation, mismanagement or fraud of the agents or officers controlling or managing the same, shall be audited by the proper authorities of the state. The amount so audited shall be a permanent funded debt agai…
Wash. Rev. Code § 28A.515.320
Common school construction fund—Sources—Use—Excess moneys in, availability, repayment
The common school construction fund is to be used exclusively for the purpose of financing the construction of facilities for the common schools. The sources of said fund shall be: (1) Those proceeds derived from sale or appropriation of timber and other crops from school and state land other than those granted for spe…
Wash. Rev. Code § 28A.515.330
Permanent common school fund—Allowable investments—Irreducible principal
The state investment board may invest the permanent common school fund in various types of allowable investments in order to achieve a balance of long-term growth and current income, when consistent with the best interest of the state and the permanent common school fund, and in conformance with RCW 43.84.150. The stat…