California Education Code 8483.51 – For purposes of Section 8483.5, the term “continuously appropriated” …
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For purposes of Section 8483.5, the term “continuously appropriated” shall not be construed to mean “without regard to fiscal year.” The funds appropriated pursuant to subdivision (b) of Section 8483.5 are available for encumbrance for one year after the date upon which they first become available for encumbrance and are subject to § 16304.1 of the Government Code.
(Added by Stats. 2008, 3rd Ex. Sess., Ch. 2, Sec. 1. Effective February 16, 2008.)
Terms Used In California Education Code 8483.51
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.