California Government Code 53745 – At any time after the creation of the fund the legislative body may …
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At any time after the creation of the fund the legislative body may transfer to the fund any unencumbered surplus funds remaining on hand at the end of the fiscal year.
(Added by Stats. 1967, Ch. 1059.)
Terms Used In California Government Code 53745
- 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.