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California Water Code Section 135

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The Water Resources Revolving Fund in the State Treasury is
continued in existence.  With the approval of the Department of
Finance, there shall be transferred to, or deposited in, the fund all
money appropriated, contributed, or made available from any source,
including sources other than state appropriations, for expenditure on
work within the powers and duties of the Department of Water
Resources, including but not limited to services, new construction,
major construction and equipment, minor construction, maintenance,
improvements and equipment, hydraulic or other improvement projects,
investigations, surveys, experiments, and reports, as authorized by
the state agency for which such an appropriation is made or, as to
funds from sources other than state appropriations, as may be
authorized by written agreement between the contributor or
contributors of such funds and the Department of Water Resources (or
any predecessor), when approved by the Department of Finance.
   Money so transferred or deposited is available for expenditure by
the Department of Water Resources, for the purposes for which
appropriated, contributed, or made available, without regard to
fiscal years and irrespective of the provisions of Section 16304 of
the Government Code.  The Department of Water Resources may withdraw
from the fund for use in work for other public agencies, local,
state, or federal, such sums as may be necessary for such work where
the money to be paid by such other agencies is not deposited in said
fund in advance of the work being done.

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Last modified: January 12, 2009