California Law (Last Updated: March 4, 2014) |
Government Code - GOV |
Title 2. GOVERNMENT OF THE STATE OF CALIFORNIA |
Division 3. EXECUTIVE DEPARTMENT |
Part 2. CONSTITUTIONAL OFFICERS |
Chapter 1. Governor |
ARTICLE 2.5. Budget Reports |
Section 12021.
Latest version.
-
The budget submitted by the Governor to the Legislature within the first 10 days of each regular session shall contain a statement of cash flow for the preceding fiscal year and an estimate of the cash flow for the current fiscal year and the succeeding fiscal year. The statement shall show for each month in each such year the income, expenditures, borrowing from individual funds and the borrowing capacity of such funds during each such month.
(Amended by Stats. 1970, Ch. 980, Sec. 4.)