California Welfare and Institutions Code 11011.1 – For the 2018-19 fiscal year, upon order of the Director of Finance, …
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For the 2018-19 fiscal year, upon order of the Director of Finance, the Controller shall transfer seven hundred million dollars ($700,000,000) from the General Fund to the Safety Net Reserve Fund.
(Added by Stats. 2019, Ch. 29, Sec. 144. (SB 82) Effective June 27, 2019.)
Terms Used In California Welfare and Institutions Code 11011.1
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.