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§ 610. Fiscal Year.

2 CA ADC § 610Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 2. Administration
Division 2. Financial Operations (Refs & Annos)
Chapter 1. California Victim Compensation Board (Calvcb) Regulations
Article 2. Appropriations
2 CCR § 610
§ 610. Fiscal Year.
Currentness
(a) The State's fiscal year is from July 1st to and including June 30th of the following year.
(b) “Agreement or order” as used in this section means an agreement, contract, printing estimate, purchase order, subpurchase order, or Office of Procurement--Central Stores supply order.
(c) The date of an agreement or order for services, materials, supplies or equipment, determines the fiscal year appropriation for support or other current expenses, to which the expenditure shall be charged, except that:
(1) Expenditures pursuant to an agreement or order which stipulates that services or delivery be delayed until requested or until on or after a stated date in a subsequent fiscal year shall be charged to the fiscal year in which the services, materials, supplies or equipment are received. (However, the absence of a delivery date, or the specifying of a calendar date without qualifying instructions requesting delay in delivery, or the specifying of a delivery date as 10 days, 30 days, or the like, shall be construed to read “delivery as soon as possible,” and expenditures shall be charged to the fiscal year in which the agreement or order was issued.)
(2) Expenditures pursuant to an agreement or order which is not an order on a definite supplier for a definite object or quantity of definite objects shall be charged to the fiscal year in which the services, materials, supplies or equipment were received.
Invoices pursuant to an agreement or order included in claims filed after the end of the fiscal year in which the agreement or order was issued shall be marked to show the date of receipt of the services, materials, supplies or equipment.
This section shall not be interpreted to require the issuance of a new agreement or order to cover items which, because of this section, are chargeable to a fiscal year subsequent to that in which the agreement or order was issued.
(d) A capital outlay appropriation for construction, improvements, repairs or equipment, when the Architecture Revolving Fund is not used, is encumbered on the date of and to the extent of the agreement or order.
(e) Materials, supplies or equipment purchased and received in the months of May or June for use during the subsequent fiscal year may be paid for from the appropriation for such subsequent fiscal year. Invoices covering such purchases shall be marked as follows: Purchased in __________ F.Y. for use in __________ F.Y.

Credits

Note: Authority cited: Section 13920, Government Code.
History
1. Amendment filed 10-17-63 as procedural and organizational; effective upon filing (Register 63, No. 18). For prior history, see Register 61, No. 10.
2. Amendment of subsections (a), (b) and (d) and new Note filed 2-25-77; effective thirtieth day thereafter (Register 77, No. 9).
3. Editorial correction of Authority cite (Register 95, No. 6).
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 2, § 610, 2 CA ADC § 610
End of Document