California Public Resources Code

§ 49144

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

PRC § 49144Div. 30 · Part 8 · Ch. 2 · Art. 5

Statute text

View on leginfo.ca.gov

The district board may establish and maintain a cash-basis fund for the purpose of defraying district expenses between the beginning of a fiscal year and the time of distribution of tax receipts in a fiscal year. The cash-basis fund shall not exceed 60 percent of the estimated expenditures for a fiscal year.

Legislative history

Added by Stats. 1989, Ch. 1095, Sec. 22.