California Government Code 16351.5 – The unexpended balance in any appropriation for capital outlay which …
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The unexpended balance in any appropriation for capital outlay which the Director of Finance, with the approval of the State Public Works Board, determines not to be required for expenditure pursuant to the appropriation, may be transferred on order of the Director of Finance to the unappropriated surplus of the fund from which the appropriation was originally made.
(Amended by Stats. 2019, Ch. 29, Sec. 104. (SB 82) Effective June 27, 2019.)
Terms Used In California Government Code 16351.5
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- State: means the State of California, unless applied to the different parts of the United States. See California Government Code 18