DIVISION 16. COUNTY WATERWORKS DISTRICTS 55000-55991›PART 4. FINANCIAL PROVISIONS 55500-55720›CHAPTER 1. General Provisions 55500-55507
§ 55502.1
California Water Code · 2018-11 edition · updated 2026-10-04 · California
Notwithstanding any other provisions of law, the board may establish and include in the annual budget for a district a general unappropriated reserve not to exceed 25 percent of the total appropriations contained in the budget, exclusive of all items for bond interest and redemption, the general unappropriated reserve, and the general reserve.
(Added by Stats. 1953, Ch. 1059.)
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