SECTIONS 16407-16409 - California Statutes

GOVERNMENT CODE

SECTION 16407-16409

16407. The Capital Outlay and Savings Fund in the State Treasury is
abolished. All money credited to the Capital Outlay and Savings Fund
is transferred to the General Fund. All appropriations heretofore
made from the Capital Outlay and Savings Fund shall be payable, for
the same purposes and periods, from the General Fund.

16408. The unexpended balance in any appropriation heretofore made
payable from the Capital Outlay and Savings Fund, or hereafter made
from the General Fund for capital outlay purposes, which the Director
of Finance, with the approval of the State Public Works Board,
determines not to be required for expenditure pursuant to the
appropriation, may be transferred on order of the Director of Finance
to and in augmentation of the appropriation made by Section 16409.

16409. There is hereby appropriated from the General Fund, without
regard to fiscal years, any amounts transferred to this appropriation
in accordance with the provisions of Section 16408, and such amounts
may be expended for acquisition of real property or for construction
and equipment of state public works projects for which an
appropriation has been made from the Capital Outlay and Savings Fund
or the General Fund. Expenditures shall be made pursuant to
allocations made by the Director of Finance upon approval of the
State Public Works Board.
Allocations may be made for expenditure upon any state public
works project in augmentation of appropriations made from the Capital
Outlay and Savings Fund or the General Fund, where such project
cannot be undertaken because the estimate exceeds the amount
available for such construction or bids received are in excess of the
estimate, and upon such augmentation, contracts may be awarded
therefor, notwithstanding the provisions of Section 14275 or of
Section 25235 of the Education Code.
Allocations may be made for acquisition of real property in
augmentation of appropriations made from the Capital Outlay and
Savings Fund or the General Fund for acquisition of real property and
which cannot be acquired because acquisition costs are in excess of
the amounts provided in the appropriation.
Allocations may be made for purchase of equipment in augmentation
of appropriations made from the Capital Outlay and Savings Fund or
the General Fund from which purchase of equipment is authorized.