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HomeGovernment CodeDiv. 3Pt. 1Ch. 10Art. 3§ 11872 State Payment Consolidation Fund

§ 11872 State Payment Consolidation Fund

Government Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 11872 State Payment Consolidation Fund

Key Takeaways

  • •The state has a special fund called the FISCal Consolidated Payment Fund to pay for things in one go, instead of many small payments.
  • •The money for these payments comes from other state funds before it is paid out.
  • •If any money is returned or not used, it goes back to where it came from.

Example

The state needs to buy 100 new computers for schools.

Instead of paying for each computer one by one, the state uses the FISCal Consolidated Payment Fund to pay for all 100 computers at once. The money for these computers is taken from the education fund before the payment is made. If 5 computers are returned because they were broken, the money for those 5 computers goes back to the education fund.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 11872 State Payment Consolidation Fund

(a) The FISCal Consolidated Payment Fund is created in the State Treasury for the purpose of allowing the Controller to issue consolidated payments, excluding payroll, to any payee, of costs that are chargeable to appropriations made from other funds in the State Treasury, thereby allowing for efficient processing through the system of payments. (b) The amounts to be disbursed from the FISCal Consolidated Payment Fund shall be transferred by the Controller, from the funds and appropriations otherwise chargeable therewith, to the FISCal Consolidated Payment Fund prior to the time of disbursement. All amounts in the FISCal Consolidated Payment Fund that are derived from abatements, refunds of amounts disbursed, returned warrants, or the cancellation of warrants issued from the FISCal Consolidated Payment Fund shall be returned by the Controller to the funds and appropriations from which the amounts were originally transferred. (Amended by Stats. 2016, Ch. 31, Sec. 85. (SB 836) Effective June 27, 2016.)

Last verified: January 22, 2026

Key Terms

FISCal Consolidated Payment FundControllerconsolidated paymentsState Treasury

Related Statutes

  • § 11870 Fiscal Fund Management Rules
  • § 12440 State Treasury Payment Warrants
  • § 13144 Refunds Of State Fees
  • § 13338 Budget Bill Coding Requirements
  • § 11874 State Agency System Fees

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Government Code. Section 11872.
View Official Source