Computing income from improved commercial or real estate.
In determining the trust fund income for the purpose of RCW
68.44.020 and
68.44.170, an allowance for depreciation on the improved real estate will be used as a determining factor in computing fund income. The cemetery authority must document how depreciation is determined.
[Statutory Authority: RCW
68.05.105 and
18.39.175. WSR 20-09-031, ยง 308-50A-060, filed 4/6/20, effective 5/7/20.]
