ARTICLE 2. District Fiscal Procedure [9521. - 9530.]

Article 2 added by Stats. 1975, Ch. 513.

§§ 9521–9530 · 10 sections

• § 9521 (a) Except as provided in subdivision (b), the treasury of the principal county is the depository of all of the funds of the district. (b) As an alternative to…
• § 9522 The treasurer of the principal county shall receive and receipt for all money of the district and place the same to the credit of the district. He is…
• § 9523 The treasurer shall pay out money of the district only upon warrants approved by the county auditor, drawn upon order of the board of directors signed by the…
• § 9524 The treasurer shall report in writing at each regular meeting of the directors and as often at other times as the directors may request the amount of money on…
• § 9525 The directors or other officers or employees of a district shall have no power to incur any indebtedness or liability in excess of the amount of money…
• § 9526 The directors at their regular monthly meeting in July of each year shall make and file with the secretary a verified statement of the financial condition of…
• § 9527 The annual financial statement shall be posted or published as the directors may determine. Such posting or publication shall be commenced within 10 days after…
• § 9528 An annual audit of the books, accounts, records, papers, money, and securities shall be made as required by Section 26909 of the Government Code.
• § 9529 The directors of the district may, at such times as they deem necessary, determine whether any portion of the money on deposit in the treasury of the principal…
• § 9530 (a) “Surplus moneys,” as determined pursuant to Section 9529, shall be invested exclusively in bonds or interest-bearing notes or obligations of the United…