Revised Code of Washington
Chapter 43.79 - State Funds.
43.79.515 - State efficiency and restructuring account.

RCW 43.79.515
State efficiency and restructuring account.

The legislature recognizes that efforts to restructure state operations to achieve greater efficiency are often impeded by the lack of a financing tool to support the transition and phase-down of state operations. The state efficiency and restructuring account is established in the state treasury to finance efforts to restructure state operations and achieve budget savings. Moneys from the account may be expended only after appropriation. As directed by the legislature, the state treasurer must transfer funds from specified accounts into the state efficiency and restructuring account to support appropriations from that account. The state treasurer must maintain a record of such transfers and must calculate repayment obligations to any accounts providing surplus funds for a term of eight years at an interest rate that is five-tenths of a [one] percent higher than the interest rate that the account would have earned without the transfer. The state treasurer must submit a report of all such repayment obligations to the office of financial management by September 1st of each year. The governor's budget request under RCW 43.88.060 must include sufficient funds to meet the biennial repayment obligation.

[ 2010 1st sp.s. c 37 § 946.]
NOTES:

Effective date—2010 1st sp.s. c 37: See note following RCW 13.06.050.

Structure Revised Code of Washington

Revised Code of Washington

Title 43 - State Government—Executive

Chapter 43.79 - State Funds.

43.79.010 - General fund, how constituted.

43.79.015 - Accounts in general fund designated as accounts in state treasury—Credit of earnings to general fund.

43.79.018 - Obsolete funds and accounts—List provided to the office of financial management and legislative committees.

43.79.019 - Locally held accounts—Review—Requested legislation to hold accounts in state treasury or custody of state treasurer.

43.79.020 - License fees to general fund.

43.79.060 - State university permanent fund.

43.79.071 - University of Washington fund—Moneys transferred to general fund.

43.79.072 - University of Washington fund—Appropriations to be paid from general fund.

43.79.073 - University of Washington fund—Abolished.

43.79.074 - University of Washington fund—Warrants to be paid from general fund.

43.79.075 - University of Washington fund—Other revenue for support of university.

43.79.080 - University building fund.

43.79.100 - Scientific school grant to Washington State University.

43.79.110 - Scientific permanent fund.

43.79.120 - Agricultural college grant to Washington State University.

43.79.130 - Agricultural permanent fund.

43.79.140 - Washington State University—Moneys paid into general fund for support of.

43.79.150 - Normal school grant to former state colleges of education and The Evergreen State College.

43.79.160 - Normal school permanent fund.

43.79.180 - Former state colleges of education—Moneys paid into general fund for support of.

43.79.195 - Workforce education investment account (as amended by 2021 c 170).

43.79.201 - C.E.P. & R.I. account—Moneys transferred to charitable, educational, penal and reformatory institutions account—Exception.

43.79.202 - C.E.P. & R.I. fund—Abolished—Appropriations to be paid from and warrants drawn on account in general fund.

43.79.210 - Federal cooperative extension fund.

43.79.260 - Governor designated state's agent.

43.79.270 - Unanticipated receipts—Duty of department heads.

43.79.280 - Unanticipated receipts—Duty of governor on approval.

43.79.282 - Compliance with RCW 43.79.260 through 43.79.280.

43.79.285 - Joint legislative unanticipated revenue oversight committee.

43.79.300 - Central College fund—Moneys transferred to general fund.

43.79.301 - Central College fund—Appropriations to be paid from general fund.

43.79.302 - Central College fund—Abolished.

43.79.303 - Central College fund—Warrants to be paid from general fund.

43.79.304 - Central College fund—Other revenue for support of Central Washington University.

43.79.310 - Eastern College fund—Moneys transferred to general fund.

43.79.311 - Eastern College fund—Appropriations to be paid from general fund.

43.79.312 - Eastern College fund—Abolished.

43.79.313 - Eastern College fund—Warrants to be paid from general fund.

43.79.314 - Eastern College fund—Other revenue for support of Eastern Washington University.

43.79.320 - Western College fund—Moneys transferred to general fund.

43.79.321 - Western College fund—Appropriations to be paid from general fund.

43.79.322 - Western College fund—Abolished.

43.79.323 - Western College fund—Warrants to be paid from general fund.

43.79.324 - Western College fund—Other revenue for support of Western Washington University.

43.79.330 - Miscellaneous state funds—Moneys transferred to accounts in the state treasury.

43.79.331 - Miscellaneous state funds—Abolished.

43.79.332 - Miscellaneous state funds—Appropriations of 34th legislature to be paid from general fund.

43.79.333 - Miscellaneous state funds—Warrants to be paid from general fund.

43.79.334 - Miscellaneous state funds—Expenditures—Revenue from other than general fund.

43.79.335 - Miscellaneous state funds—Washington State University building account.

43.79.340 - General obligation bond retirement fund—Moneys transferred to general fund.

43.79.341 - General obligation bond retirement fund—Appropriations of 34th legislature to be paid from general fund.

43.79.342 - General obligation bond retirement fund—Abolished.

43.79.343 - General obligation bond retirement fund—Warrants to be paid from general fund.

43.79.350 - Suspense account.

43.79.370 - Suspense account—Disbursements—Vouchers—Warrants.

43.79.381 - Penitentiary revolving account abolished.

43.79.390 - United States vocational education account—Moneys transferred to general fund.

43.79.391 - United States vocational education account—Appropriations to be paid from general fund.

43.79.392 - United States vocational education account—Abolished.

43.79.393 - United States vocational education account—Warrants to be paid from general fund.

43.79.405 - Parks and parkways account abolished—Funds transferred to general fund.

43.79.420 - Miscellaneous state funds—Moneys transferred to basic state general fund.

43.79.421 - Miscellaneous state funds—Abolished.

43.79.422 - Miscellaneous state funds—Warrants to be paid from basic state general fund.

43.79.423 - Miscellaneous state funds or accounts—Moneys transferred to state general fund.

43.79.425 - Current state school fund—Abolished—Moneys transferred.

43.79.430 - Moneys from Inland Power & Light company to be deposited in general fund.

43.79.435 - Investment reserve account abolished—Deposit of moneys.

43.79.440 - Loan principal and interest fund.

43.79.441 - Transfer of moneys from certain school bond and state building construction accounts and funds to general fund—Payment of warrants.

43.79.442 - Transfer of moneys from certain highway construction accounts and funds to general fund—Payment of warrants.

43.79.445 - Death investigations account—Disbursal.

43.79.455 - Capitol purchase and development account.

43.79.460 - Savings incentive account—Report.

43.79.465 - Education savings account.

43.79.470 - State patrol nonappropriated airplane revolving account.

43.79.480 - Tobacco settlement account—Transfers to life sciences discovery fund—Tobacco prevention and control account.

43.79.487 - Basic health plan stabilization account.

43.79.490 - Budget stabilization account.

43.79.495 - Budget stabilization account—Governance.

43.79.496 - Transfers of budget stabilization account deposits to the general fund.

43.79.500 - Uniformed service shared leave pool account.

43.79.505 - Judicial stabilization trust account.

43.79.515 - State efficiency and restructuring account.

43.79.520 - Puget Sound taxpayer accountability account.

43.79.530 - Dairy nutrient infrastructure account.

43.79.540 - Concealed pistol license renewal notification account.

43.79.545 - Climate resiliency account.

43.79.550 - Forest resiliency account.

43.79.555 - Washington rescue plan transition account.

43.79.557 - Coronavirus state fiscal recovery fund.

43.79.559 - Energy efficiency revolving loan capitalization account.

43.79.560 - Clean energy transition workforce account.

43.79.562 - Energy efficiency account.

43.79.565 - Capital community assistance account.

43.79.567 - Community reinvestment account.