California Water Code

§ 24274

WAT § 24274Div. 11 · Part 8 · Ch. 1 · Art. 2

Statute text

The board, on or before its regular monthly meeting in the fourth month of its fiscal year, shall render a verified statement of the financial condition of the district showing particularly all of the following:

(a)Revenues of the next preceding year and their sources: amounts received (cash basis) or amounts received and receivable which increase the equity of the governmental unit (accrual basis).

(b)Expenditures of the next preceding year and their purposes: amounts paid (cash basis) or amounts paid and payable which decrease the equity of the governmental unit (accrual basis).

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Legislative history

Amended by Stats. 1985, Ch. 771, Sec. 5.