BILL NUMBER: SB 1192	INTRODUCED
	BILL TEXT


INTRODUCED BY   Senator Oropeza

                        FEBRUARY 18, 2010

   An act to amend Section 13307 of the Government Code, relating to
the state budget.


	LEGISLATIVE COUNSEL'S DIGEST


   SB 1192, as introduced, Oropeza. State budget.
   Existing law provides that in determining whether the state's
General Fund budget, in any given fiscal year, is in a surplus or
deficit condition, the controlling factor is the fund balance, which
is the difference between the total resources and total expenditures.

   This bill would make a nonsubstantive change to this provision.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 13307 of the Government Code is amended to
read:
   13307.  In determining whether the General Fund budget, in any
given fiscal year, is in a surplus or deficit condition, the
controlling factor shall be the fund balance which is the difference
between total resources and total expenditures. In determining the
fund balance, the following principles shall  be applied
  apply  :
   (a) Encumbrances, which are any valid obligation for the delivery
of goods or services, should not be counted as a budgetary
expenditure until the delivery of the goods or services.
   (b) The unencumbered balances of appropriations, which exist when
no commitment for an expenditure is made, should be an item of
disclosure, but the amount should not be deducted from the fund
balance.
   (c) Changes affecting a budget subsequent to publication of
financial statements, such as actions to disencumber funds, should be
reflected in budget documents after documentation is provided.