California Government Code 970.4 – Except as provided in Section 970.6, the governing body of a local …
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Except as provided in Section 970.6, the governing body of a local public entity shall pay, to the extent funds are available in the fiscal year in which it becomes final, any judgment, with interest thereon, out of any funds to the credit of the local public entity that are:
(a) Unappropriated for any other purpose unless the use of such funds is restricted by law or contract to other purposes; or
Terms Used In California Government Code 970.4
- Contract: A legal written agreement that becomes binding when signed.
- 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.
- Fiscal year: means a year beginning on July 1 and ending on June 30 unless the local public entity has adopted a different fiscal year as authorized by law, in which case "fiscal year" means the fiscal year adopted by such local public entity. See California Government Code 970
- Judgment: means a final judgment for the payment of money rendered against a local public entity. See California Government Code 970
- Local public entity: includes a county, city, district, public authority, public agency, and any other political subdivision or public corporation in the state, but does not include the Regents of the University of California and does not include the state or any office, officer, department, division, bureau, board, commission or agency of the state claims against which are paid by warrants drawn by the Controller. See California Government Code 970
(b) Appropriated for the current fiscal year for the payment of judgments and not previously encumbered.
(Amended by Stats. 1980, Ch. 215.)