FUNDS - INDUSTRIAL INSURANCE - PENSION - SCHOOL FUNDS - TRUSTS
CONSTITUTIONALITY OF INVESTMENT IN SECURITIES LENDING AGREEMENTS AND REVERSE REPURCHASE AGREEMENTS The permanent common school fund, public pension and retirement funds, and the industrial insurance trust funds may be invested in securities lending agreements and reverse repurchase agreements pursuant to amendments to the Washington Constitution which allow such funds to be invested as authorized by law.
SCHOOLS - DISTRICTS - SCHOOL PROPERTY - SCHOOL FUNDS - CHILDREN - HEALTH - DONATIONS
Authority of school district to purchase real estate to eliminate a potential health risk to students 1. A school district has the authority to purchase real estate not needed for immediate or future school purposes in order to eliminate a potential health risk and liability stemming from the property. 2. In purchasing the property a district cannot pay more than the fair market value of the property, unless the district is receiving additional consideration, e.g., seller will provide something in addition to the title to the property such as demolishing structures on the property. 3. A district may accept donations designated to pay the difference between the appraisal price of the property and the selling price.
SCHOOL DISTRICTS - SCHOOL EMPLOYEES - SCHOOL FUNDS - SALARY AND BENEFITS - HEALTH INSURANCE - HEALTH CARE AUTHORITY
Obligation to provide basic benefits before offering optional benefit package RCW 28A.400.280 requires a school district to offer some form of each of the five "basic benefits" defined in RCW 28A.400.270, before it can expend school funds for additional or alternative "optional" benefits.