Skip To Main Content

Search Panel

Schools Menu

6021 - Interfund Loans

Interfund loans between the general fund, the transportation vehicle fund, the capital projects fund, or the debt service fund may be used to alleviate a temporary cash deficiency.

Such loans shall not be used to balance the budget of the borrowing fund; nor shall they deter any function or project for which the fund was established.

The board must adopt a resolution before any interfund loan transaction takes place. The resolution shall contain the exact amount of the loan, the funds involved, the specific source of funds for repayment, the schedule for repayment and the interest rate involved.



Last Revised:


  • RCW 28A.505.150 Budgeted expenditures as appropriations - Interim expenditures - Transfer between budget classes - Liability for non-budgeted expenditures
  • WAC 392-123-135 - Interfund loans—Definition