Cal. Gov. Code § 29086

Current through the 2023 Legislative Session.
Section 29086 - Establishing cancelling increasing or decreasing general reserve

Except in cases of a legally declared emergency, as defined in Section 29127, the general reserve may only be established, canceled, increased, or decreased at the time of adopting the budget as provided in Section 29088. The general reserve may be increased any time during the fiscal year by a four-fifths vote of the board.

Ca. Gov. Code § 29086

Amended by Stats 2009 ch 332 (SB 113),s 40, eff. 1/1/2010.