Revised Code of Washington - RCW Title 28B Higher Education - Section 28B.50.143 Vendor payments, advances or reimbursements for

§ 28B.50.143. Vendor payments, advances or reimbursements for

In order that each college treasurer appointed in accordance with RCW 28B.50.142 may make vendor payments, the state treasurer will honor warrants drawn by each community and technical college providing for one initial advance on July 1 of each succeeding biennium from the state general fund in an amount equal to seventeen percent of each institution's average monthly allotment for such budgeted biennium expenditures as certified by the office of financial management, and at the conclusion of each such initial month, and for each succeeding month of any biennium, the state treasurer will reimburse each institution for each expenditure incurred and reported monthly by each college treasurer in accordance with chapter 43.83 RCW: PROVIDED, That the reimbursement to each institution for actual expenditures incurred in the final month of each biennium shall be less the initial advance.

[1991 c 238 § 41; 1985 c 180 § 1; 1979 c 151 § 21; 1977 ex.s. c 331 § 2.]

Notes:
     Effective date -- Severability -- 1977 ex.s. c 331: See notes following RCW 28B.15.031.

Sections:  Previous  28B.50.1402  28B.50.1403  28B.50.1404  28B.50.1405  28B.50.1406  28B.50.141  28B.50.142  28B.50.143  28B.50.145  28B.50.150  28B.50.195  28B.50.196  28B.50.205  28B.50.215  28B.50.239  Next

Last modified: April 7, 2009