§ 15450. Reserves.
5 CA ADC § 15450Barclays Official California Code of RegulationsEffective: March 13, 2024
Effective: March 13, 2024
5 CCR § 15450
§ 15450. Reserves.
the greater of 5% or $80,000 for districts with 0-300 ADA
the greater of 4% or $80,000 for districts with 301-1,000 ADA
3% for districts with 1,001-30,000 ADA
2% for districts with 30,001-250,000 ADA
1% for districts with 250,001 and over ADA
(1) Available reserves are the unrestricted amounts in the Reserve for Economic Uncertainties, the Stabilization Arrangement, and the Unassigned/Unappropriated accounts in the General Fund and the Special Reserve Fund for Other Than Capital Outlay Projects. Available reserves will be reduced by any negative ending balances in restricted resources in the General Fund.
Credits
Note: Authority cited: Sections 33127 and 33129, Education Code. Reference: Sections 33128, 42338.02 and 42238.03, Education Code.
History
1. New section filed 8-19-91; operative 7-1-91. Submitted to OAL for printing only and exempt from Government Code section 11343 under Education Code section 3313 (Register 92, No. 10).
2. Repealer and new section filed 5-13-2008; operative 6-12-2008. Submitted to OAL for printing only pursuant to Education Code section 33131 (Register 2008, No. 20).
3. Amendment of subsections (b)(1) and (b)(3) filed 12-4-2013; operative 12-4-2013. Submitted to OAL for printing only pursuant to Education Code section 33131 (Register 2013, No. 49).
4. Amendment of subsections (a), (b)(1), (b)(3) and Note filed 3-13-2024; operative 3-13-2024. Submitted to OAL for filing and printing only pursuant to Education Code section 33131 (Register 2024, No. 11).
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 5, § 15450, 5 CA ADC § 15450
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