Section 392-121-436 - Emergency advance payments-School district applicationThe board of directors of a school district or a charter school board may apply for any emergency advance on the school district's or charter school's basic education allocation. The application shall take the form of a resolution adopted by the board setting forth the following:
(1) The nature of the unforeseen condition requiring the advance;(2) The amount requested to be advanced;(3) The net cash and investment balance of the general fund as of the date of the resolution;(4) A forecast of the general fund receipts, disbursements, and net cash and investment balance for each month remaining in the fiscal year;(5) A disclosure of any existing or planned general fund revenue anticipation notes;(6) A disclosure of any existing or planned general fund loan to or from another fund of the school district or charter school; and(7) A written acknowledgment that funds advanced will be repaid in accordance with WAC 392-121-443, subject to approval by the superintendent of public instruction.Wash. Admin. Code § 392-121-436
Amended by WSR 15-18-078, Filed 8/28/2015, effective 9/28/2015Amended by WSR 24-22-051, Filed 10/28/2024, effective 11/28/2024Statutory Authority: RCW 28A.150.400 and 28A.150.290. 90-19-040 (Order 28), § 392-121-436, filed 9/13/90, effective 10/14/90.