Cal. Code Regs. tit. 2 § 1013
Current through Register 2025 Notice Reg. No. 2, January 10, 2025
Encumbrances outstanding at the close of the year preceding the year covered by the budget are shown by fund in the column provided on Schedule 2. Such amounts, along with other reserves, are deducted from the total fund balance to arrive at the available fund balance. Appropriations corresponding to prior encumbrances are not shown in the current budget. Board approval of the overall budget, which includes the reserve for encumbrances, is the authority for re-establishment of encumbrances and related appropriations in the new year.
Cal. Code Regs. Tit. 2, § 1013