Statute · California Public Resources Code

Cal. Pub. Res. Code § 5788 — Finance

Cal. Pub. Res. Code § 5788

Type
Statute
Source
California Public Resources Code
Jurisdiction
California
Date
2002-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

On or before July 1 of each year, the board of directors shall adopt a preliminary budget that shall conform to the accounting and budgeting procedures for special districts contained in Subchapter 3 (commencing with Section 1031.1) of, and Article 1 (commencing with Section 1121) of Subchapter…

Citator

Cal. Pub. Res. Code § 5788 — Finance is in force in the current edition of the Code, and nothing recorded condemns it.

On or before July 1 of each year, the board of directors shall adopt a preliminary budget that shall conform to the accounting and budgeting procedures for special districts contained in Subchapter 3 (commencing with Section 1031.1) of, and Article 1 (commencing with Section 1121) of Subchapter 4 of Division 2 of Title 2 of the California Code of Regulations. The board of directors may divide the preliminary budget into categories, including, but not limited to:

(a) Maintenance and operation.

(b) Employee compensation.

(c) Capital outlay.

(d) Interest and redemption for indebtedness.

(e) Restricted reserve for capital outlay.

(f) Restricted reserve for contingencies.

(g) Unallocated general reserve.