485#1s (CA) Capture Balances. SB29 - Committee Approved

State Budget

2024 Session

Budget Amendments - SB29 (Committee Approved)

Bill Order » Item 485 #1s

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Capture Balances (language only)

Item 485 #1s

Item 485 #1s
Central Appropriations
Central Appropriations

Language

Insert at the end of paragraph J.1. in Item 485: "Any remaining balance in the appropriation for government transformation initiatives shall revert to the general fund on June 30, 2024."

Explanation

(This amendment directs through language the reversion of any remaining funds for transformation initiatives. It is the intent that this Item be set out properly upon enrolling the bill.)

Item 485

Item 485 (Not set out)	First Year - FY2023	Second Year - FY2024
Payments for Special or Unanticipated Expenditures (75800)	$15,050,000	$24,063,564
Miscellaneous Contingency Reserve Account (75801)	FY2023 $1,300,000	FY2024 $1,300,000
Undistributed Support for Designated State Agency Activities (75806)	FY2023 $13,750,000	FY2024 $22,763,564
Fund Sources:
General	FY2023 $15,050,000	FY2024 $24,063,564