Statute · California Government Code

Cal. Gov't Code § 53734 — Capital Outlay Fund

Cal. Gov't Code § 53734

Type
Statute
Source
California Government Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

In a local agency required to adopt a budget, all or part of the fund may be shown in the budget as reserves for future expenditures in subsequent years and when so shown shall be identified as to purpose, but need not be itemized.

Citator

Cal. Gov't Code § 53734 — Capital Outlay Fund is in force in the current edition of the Code, and nothing recorded condemns it.

In a local agency required to adopt a budget, all or part of the fund may be shown in the budget as reserves for future expenditures in subsequent years and when so shown shall be identified as to purpose, but need not be itemized.