California Food and Agricultural Code 6295.4 – There may be added to the budget for the first fiscal year of the …
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There may be added to the budget for the first fiscal year of the operation of the district an amount not to exceed 20 percent of the total amount of the budget to cover the preliminary expenses of the district, including, but not limited to, the costs of formation, before the beginning of the first fiscal year.
(Added by Stats. 2001, Ch. 442, Sec. 1. Effective October 3, 2001.)
Terms Used In California Food and Agricultural Code 6295.4
- 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.