Notwithstanding any other provision of law, a community college district may recognize, for budgetary and financial reporting purposes, any amount of state appropriations deferred from the current fiscal year and appropriated in the subsequent fiscal year for payment of current-year costs as a receivable in the current fiscal year.
(Added by Stats. 2003, Ch. 227, Sec. 31. Effective August 11, 2003.)
Last modified: October 25, 2018