California Public Utilities Code 99320.5 – If the transportation planning agency determines that the cost of an …
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If the transportation planning agency determines that the cost of an approved claim for capital expenditures for public transportation purposes, excluding highways, within a county is, together with all other approved claims to be paid from the local transportation fund of such county, in excess of the money in such fund for the fiscal year, the board of supervisors of such county shall be notified to call an election in conformity with the provisions of this article.
(Added by Stats. 1971, Ch. 1400.)
Terms Used In California Public Utilities Code 99320.5
- County: includes city and county. See California Public Utilities Code 18
- 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.