Statute · California Health and Safety Code
Cal. Health & Safety Code § 9078 — Finances
Cal. Health & Safety Code § 9078
- Type
- Statute
- Source
- California Health and Safety Code
- Jurisdiction
- California
- Date
- 2010-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
A district may, by resolution, establish a revolving fund pursuant to Article 15 (commencing with Section 53950) of Chapter 4 of Part 1 of Division 2 of Title 5 of the Government Code. The maximum amount of the revolving fund shall not exceed either of the following:
Citator
Cal. Health & Safety Code § 9078 — Finances is in force in the current edition of the Code, and nothing recorded condemns it.
A district may, by resolution, establish a revolving fund pursuant to Article 15 (commencing with Section 53950) of Chapter 4 of Part 1 of Division 2 of Title 5 of the Government Code. The maximum amount of the revolving fund shall not exceed either of the following:
(a) One thousand dollars ($1,000) if the purpose of the revolving fund is to make change and pay small bills directly.
(b) One hundred ten percent of one-twelfth of the district’s adopted budget for the current fiscal year if the purpose of the revolving fund is to pay any authorized expenditures of the district.