California Statutes

§ 85220. — 85220. (Enacted by Stats. 1976, Ch. 1010.)

California·Code EDC Education Code - EDC·Div. 7.·Title 3. DIVISION 7. COMMUNITY COLLEGES·Part 50. PART 50. FINANCE·Ch. 8. CHAPTER 8. Expenditures and Appropriations·Art. 3. ARTICLE 3. Temporary Transfer, County to District, Excess Balances
Whenever prior to the receipt by a community college district of its state, county, city and county, or district funds, any district does not have sufficient money to its credit to meet current expenses of maintenance, the board of supervisors of the county or city and county shall order, and the auditor and treasurer of the county or city and county shall make a temporary transfer from any funds of the county or city and county not immediately needed to pay claims against them to the school fund of the district of the amount needed, not exceeding 85 percent of the amount of money which will accrue to the community college district during the fiscal year. Upon the making of the transfer the auditor shall immediately notify the superintendent of schools of the county, or city and county, of

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California § 85220. (85220. (Enacted by Stats. 1976, Ch. 1010.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Enacted by Stats. 1976, Ch. 1010.
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