WAC 392-123-180. Bond proceeds

Money derived from the sale of bonds, including interest earnings thereof, shall be deposited in the capital projects fund, the transportation vehicle fund, the general fund, or the debt service fund, as applicable, and may only be used by school districts for the purposes as enumerated in RCW 28A.530.010 . Accrued interest paid for bonds sold shall be deposited in the debt service fund.