There Is a Newer Version
of
this Section
2019 California Code
Government Code - GOV
TITLE 3 - GOVERNMENT OF COUNTIES
DIVISION 2 - OFFICERS
PART 2 - BOARD OF SUPERVISORS
CHAPTER 3 - Financial Powers
Section 25262.
Universal Citation:
CA Govt Code § 25262 (2019)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
25262.
The county budget may contain a provision for an equipment replacement reserve within a fund. The amount in this reserve shall be identified with the class of fixed assets, and may accumulate from year to year, but at no time shall it exceed the estimated replacement cost of the items of fixed assets for which it has been accumulated. The particular amounts in the reserve shall be made available for expenditure in the year that the items are replaced or removed from service without replacement. The estimated replacement cost of the fixed assets shall be adjusted each year.
(Amended by Stats. 1984, Ch. 895, Sec. 2.)
Disclaimer: These codes may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
