Purpose: The rules are being amended to accommodate repealing of RCW 28A.310.380 and also incorporate guidance for use of interfund loans used by the ESDs. This will allow ESDs to establish enterprise funds to account for those operations requiring enterprise fund accounting. This will establish authority to allow ESDs to use interfund loans between the general fund and enterprise fund operations. This authority is modeled after the school district interfund loan process.
Citation of Existing Rules Affected by this Order: Amending chapter 392-125 WAC.
Statutory Authority for Adoption: Chapter 28A.150 RCW.
Adopted under notice filed as WSR 05-11-030 on May 10, 2005.
Number of Sections Adopted in Order to Comply with Federal Statute: New 0, Amended 0, Repealed 0; Federal Rules or Standards: New 0, Amended 0, Repealed 0; or Recently Enacted State Statutes: New 0, Amended 0, Repealed 0.
Number of Sections Adopted at Request of a Nongovernmental Entity: New 0, Amended 0, Repealed 0.
Number of Sections Adopted on the Agency's Own Initiative: New 0, Amended 1, Repealed 0.
Number of Sections Adopted in Order to Clarify, Streamline, or Reform Agency Procedures: New 0, Amended 0, Repealed 0.
Number of Sections Adopted Using Negotiated Rule Making: New 0, Amended 1, Repealed 0; Pilot Rule Making: New 0, Amended 0, Repealed 0; or Other Alternative Rule Making: New 0, Amended 0, Repealed 0.
Date Adopted: August 15, 2005.
for Dr. Terry Bergeson
AMENDATORY SECTION(Amending Order 81-19, filed 9/4/81)
WAC 392-125-010 Principles of accounting. In all cases, the budgeting and accounting systems of educational service districts shall be governed by generally accepted accounting principles modified where necessary by statute and/or this chapter. The Accounting Manual for Educational Service Districts shall govern the accounting system of educational service districts and is hereby incorporated into this chapter by this reference. Prior to any revision thereof, the superintendent of public instruction shall publish notice of such proposed action and shall hold at least one public hearing. ((
The general expense fund of an educational service
district shall be the only fund of the district and shall be
used for all activities which an educational service district
[Statutory Authority: RCW 28A.21.135. 81-19-007 (Order 81-19), § 392-125-010, filed 9/4/81; Order 8-76, § 392-125-010, filed 7/23/76; Order 7-75, § 392-125-010, filed 12/22/75. Formerly WAC 392-31-020.]