OES Disaster Administration Support Acct by nikeborome

VIEWS: 2 PAGES: 1

									 Department of Finance                                                                      Fund: 0250a
                                                                                                 PAGE 1
                            STATE OF CALIFORNIA                                               Renumbered
                           MANUAL OF STATE FUNDS                                                   From:
 Legal Title
 Office of Emergency Services Disaster Administration Support Account, Natural Disaster Assistance
    Fund
 Legal Citation
 Government Code, Section 8690.4
 Fund Classification                                   Fund Classification
 GAAP Basis                                            Legal Basis
 Governmental/ Special Revenue Funds                   Governmental/Other Governmental Cost Funds (O)
 Authority and Purpose
 Chapter 1507, Statutes of 1988 created the Office of Emergency Services Disaster Administration
 Support Account in the Natural Disaster Assistance Fund as a depository for funds allocated for state
 administrative and engineering support required for the implementation and administration of the state
 disaster assistance program authorized under this chapter or for other assistance deemed necessary to
 carry out the requirements of this chapter, as specified.
 Administering Agency
 (0690) Office of Emergency Services.
 Major Sources
 An appropriation by the Legislature will provide that the Account have an unencumbered balance of one
 million dollars ($1,000,000) at the beginning of each fiscal year.
 Disposition
 For state administrative and engineering support required for the implementation and administration of
 the state disaster assistance program authorized under Chapter 1507/88, or other assistance deemed
 necessary to carry out the requirements of this chapter, as specified.
 Appropriation Authority
 Section 8690.4 of the Government Code provides that it is the intent of the Legislature that the Account
 have an unencumbered balance of one million dollars ($1,000,000) at the beginning of each fiscal year. In
 addition, in the event that the account requires additional moneys to meet claims against the account, the
 Director of Finance may transfer moneys from the Special Fund for Economic Uncertainties to the
 account in that amount sufficient to pay the amount of the claims exceeding the unencumbered balance in
 the account, provided that the transfer is not made sooner than 30 days after notification in writing of the
 necessity therefor is provided to the Joint Legislative Budget Committee.
 State Appropriations Limit
 Always Excluded.
 Historical Comments
 Abolished on July 1, 1997 per Section 8690.2 of the Government Code, as amended by Chapter 201/96.



3/17/2011                                                                                     FUND 0250a

								
To top