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FINANCIAL_SERVICESAPPROVED

lake_washington_school_district_board_of_directors.pdf

Board redirects $300,000 investment earnings via treasurer

$300,000 of future capital project fund investment earningsLake Washington School DistrictKING COUNTY TREASURERAugust 4, 2025

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Description

The Board approved Resolution No. 2408 authorizing the superintendent to direct the King County Treasurer to deposit $300,000 of future capital project fund investment earnings into the General Fund. The redirected earnings will be used to purchase curriculum materials, instructional supplies, and equipment through August 31, 2026.

Contract Details

Contract Amount

$300,000 of future capital project fund investment earnings

Vendor

KING COUNTY TREASURER

Agency

Lake Washington School District, WA

Contract Type

FINANCIAL_SERVICES

Document Date

August 4, 2025

Contract Term

Through August 31, 2026 or until $300,000 has been credited, whichever occurs first

Renewal Date

2026-08-31

Renewal Info

Authorization remains in force until $300,000 has been credited to the General Fund or through August 31, 2026, whichever occurs first; future similar transfers would require new board action.

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