Cal. Code Regs. tit. 2 § 1012
Current through Register 2025 Notice Reg. No. 2, January 10, 2025
Cancellation of reserves releases resources for financing the current budget. Cancellation is effected by omitting the amount to be cancelled as a deduction from the total fund balance on Schedule 2. Reserve reductions are shown on Schedule 7.
Cal. Code Regs. Tit. 2, § 1012