RCW 28A.320.320
Investment of funds of district—Service fee.
The county treasurer, or the trustee, guardian, or any other custodian of any school fund, when authorized to do so by the board of directors of any school district, shall invest or reinvest any school funds of such district in investment securities pursuant to RCW 36.29.020 and 36.29.022. The county treasurer shall have the power to select the particular investment in which said funds may be invested. All earnings and income from such investments shall inure to the benefit of any school fund designated by the board of directors of the school district which such board may lawfully designate: PROVIDED, That any interest or earnings being credited to a fund different from that which earned the interest or earnings shall only be expended for instructional supplies, equipment or capital outlay purposes. This section shall apply to all funds which may be lawfully so invested or reinvested which in the judgment of the school board are not required for the immediate necessities of the district.
Five percent of the interest or earnings, with an annual minimum of ten dollars or annual maximum of fifty dollars, on any transactions authorized by each resolution of the board of school directors shall be paid as an investment service fee to the office of county treasurer when the interest or earnings becomes available to the school district or an amount as determined pursuant to RCW 36.29.022 and 36.29.024.
[ 1999 c 18 § 3; 1983 c 66 § 1; 1969 ex.s. c 223 § 28A.58.440. Prior: 1965 c 111 § 1; 1961 c 123 § 1. Formerly RCW 28A.58.440, 28.58.440.]
NOTES:
Severability—1983 c 66: See note following RCW 39.58.010.
Investment of idle building funds—1945 act: 1945 c 29 § 1.
School district funds: RCW 28A.320.330.
Structure Revised Code of Washington
Title 28A - Common School Provisions
Chapter 28A.320 - Provisions Applicable to All Districts.
28A.320.010 - Corporate powers.
28A.320.015 - School boards of directors—Powers—Notice of adoption of policy.
28A.320.019 - Condensed compliance reports—Second-class districts.
28A.320.020 - Liability for debts and judgments.
28A.320.025 - School district name change.
28A.320.035 - Contracting out—Board's powers and duties—Goods and services.
28A.320.040 - Bylaws for board and school government.
28A.320.055 - Employee collective bargaining agreements—Publication on school website.
28A.320.070 - School district as self-insurer—Authority.
28A.320.110 - Information and research services.
28A.320.123 - School-based threat assessment program.
28A.320.124 - School safety and security staff—Policy and procedure—Presentation to students.
28A.320.1241 - School safety and security staff—Collected agreements and information.
28A.320.126 - Emergency response system.
28A.320.130 - Weapons incidents—Reporting.
28A.320.135 - Telecommunication devices—Limits on possession—Policies.
28A.320.140 - Schools with special standards—Dress codes.
28A.320.145 - Homeless students—Support.
28A.320.148 - Foster care liaison—Building point of contact.
28A.320.155 - Criminal history record information—School volunteers.
28A.320.163 - Notifications—Appeals.
28A.320.165 - Notice of pesticide use.
28A.320.170 - Curricula—Tribal history and culture.
28A.320.173 - Curricula—Outdoor-based activities.
28A.320.180 - Mathematics college readiness test—Costs.
28A.320.185 - School gardens or farms.
28A.320.190 - Extended learning opportunities program.
28A.320.191 - Program of early learning under RCW 43.216.555.
28A.320.193 - Community service—Policy—Incentive.
28A.320.195 - Academic acceleration for high school students—Adoption of policy.
28A.320.202 - Comprehensive system of instruction and services in reading and early literacy.
28A.320.203 - Reading skills—Report cards.
28A.320.230 - Instructional materials—Instructional materials committee.
28A.320.242 - Teacher hiring data—Reports.
28A.320.250 - Dyslexia definition.
28A.320.260 - Dyslexia interventions.
28A.320.270 - Dyslexia reporting requirements.
28A.320.280 - School counselors, social workers, and psychologists—Priorities.
28A.320.290 - School counselors, social workers, and psychologists—Professional collaboration.
28A.320.294 - Health and safety information on public school websites.
28A.320.296 - Native American names, symbols, and images as school mascots, logos, or team names.
28A.320.300 - Investment of funds, including funds received by ESD—Authority—Procedure.
28A.320.310 - Investment of building funds—Restrictions.
28A.320.320 - Investment of funds of district—Service fee.
28A.320.330 - School district funds.
28A.320.400 - Elections—Qualifications of electors—Voting place.
28A.320.410 - Elections—Elections to be conducted according to Title 29A RCW.
28A.320.420 - Special meetings of voters—Authorized—Purpose.
28A.320.430 - Special meetings of voters—Place, notice, procedure, record.
28A.320.440 - Special meetings of voters—Directors to follow electors' decision.
28A.320.500 - Summer and/or other student vacation period programs—Authorized—Tuition and fees.
28A.320.510 - Night schools, summer schools, meetings, use of facilities for.
28A.320.520 - School credit for participation in youth court.
28A.320.530 - Extracurricular activities—Definitions.
28A.320.540 - Extracurricular activities—Data collection, publishing, and reporting.
28A.320.550 - Extracurricular activities—Calculation of opportunity gaps.
28A.320.570 - Extracurricular activities—Goals for reducing the opportunity gap in participation.
28A.320.580 - Extracurricular activities—Opportunity gap reduction plan.
28A.320.600 - Comprehensive school counseling programs—Written plan.
28A.320.610 - Comprehensive school counseling programs—Implementation.
28A.320.620 - Comprehensive school counseling programs—Guidance—Transition plan.