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AGO Opinions with Topic: INVESTMENT INCOME
AGO 1983 No. 10 >  May 31, 1983
DISTRICTS - SCHOOLS - FUNDS - INVESTMENT INCOME
INTEREST EARININGS FROM SCHOOL DISTRICT BUILDING RESERVE FUND RCW 28A.58.440 allows the transfer of interest earnings from a school district building reserve fund or building and capital projects fund to another school district fund so long as expenditures from such transferred interest earnings are restricted to instructional supplies, equipment or capital outlay purposes.
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