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§ 17346. Trust Accounts.

5 CA ADC § 17346Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 5. Education
Division 1. California Department of Education
Chapter 17. County Superintendents
Subchapter 2. Fiscal Responsibilities of the County Superintendent
Article 7. County School Service Fund Budget Procedures
5 CCR § 17346
§ 17346. Trust Accounts.
The moneys deposited to the credit of the county school service fund which remain in expendable trust accounts established for the purposes specified in an agreement with the donor or grantor, and not contemplated to be expended from the county school service fund during the budget year, shall not be considered by the Superintendent of Public Instruction as available for meeting the needs of the current year. On or before July 10, the county superintendent of schools shall file a report with the Superintendent of Public Instruction indicating the nature of such expendable trust accounts, the purposes for which the moneys are to be expended, the unexpended portion remaining from previous receipts, the amount expended for the preceding year, and the amount proposed for expenditure during the budget year.
Gifts, grants, and contributions received which are not restricted for specific purposes shall be considered available for meeting the needs of the current year.
This database is current through 3/22/24 Register 2024, No. 12.
Cal. Admin. Code tit. 5, § 17346, 5 CA ADC § 17346
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