Cal. Code Regs. tit. 2 § 1111.13
Current through Register 2024 Notice Reg. No. 41, October 11, 2024
Districts which engage in more than one activity must maintain a separate set of revenue and expenditure accounts for each. However, only one set of balance sheet accounts, covering all activities, need be kept. If one of the activities is a recognized utility activity, see Article 1--General Information, Section 1031.8.
Cal. Code Regs. Tit. 2, § 1111.13