Navigation Top
AGO Logo Graphic
AGO Header Image
File a Complaint
Contact the AGO
AGO Opinions with Topic: BOND REDEMPTION FUND
AGO 1963 No. 48 >  August 13, 1963
DISTRICTS - SCHOOLS - BOND REDEMPTION FUND - DEPOSIT OF PUBLIC UTILITY DISTRICT PAYMENT - AMOUNT NOT TO BE INCLUDED IN COMPUTING STATE EQUALIZATION FOR CURRENT OPERATIONS
DISTRICTS ‑- SCHOOLS ‑- BOND REDEMPTION FUND ‑- DEPOSIT OF PUBLIC UTILITY DISTRICT PAYMENT ‑- AMOUNT NOT TO BE INCLUDED IN COMPUTING STATE EQUALIZATION FOR CURRENT OPERATIONS (1) The proceeds of the payment a public utility district must make to a school district under RCW 54.28.080 are to be placed in the appropriate bond redemption fund of the school district. (2) Same :  The state superintendent of public instruction does not have the authority to consider such payment by a public utility district to a school district as a district asset before determining the district's equalization status under RCW 28.41.080.
Content Bottom Graphic
AGO Logo