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HomeGovernment CodeDiv. 3Pt. 2Ch. 5Art. 2§ 12424 Controller Financial Services For Local Government

§ 12424 Controller Financial Services For Local Government

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

§ 12424 Controller Financial Services For Local Government

Key Takeaways

  • •The state's money manager (Controller) can help local places like cities or schools with money problems, like budgets or taxes.
  • •The Controller and the local place must agree on how the help will work.
  • •The local place pays for this help, and the money goes to the state to support the Controller's office.

Example

A small town is having trouble figuring out how to spend its money wisely.

The town can ask the state's money manager for help. They agree on how the help will work, and the town pays for it. The money the town pays goes to the state to help the money manager's office.

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

Official Source
View on CA.gov

§ 12424 Controller Financial Services For Local Government

The Controller may render service pertinent to financial, budgetary and taxation problems and procedures for any county, city, city and county, any other political subdivision, or any district of the State upon such terms and conditions as may be agreed upon between the Controller and the governing body of such county, city, city and county, other political subdivision or district. The money received for such service shall be paid into the State Treasury to the credit and in augmentation of the current appropriation for the support of the State Controller, or, as the case may be, that division of the Controller’s Office furnishing the service. (Added by Stats. 1947, Ch. 1439.)

Last verified: January 22, 2026

Key Terms

Controllerfinancial, budgetary and taxation problems and proceduresState Treasurygoverning body

Related Statutes

  • § 12410 State Fiscal Audit Authority
  • § 12411 Public Revenue Management Plans
  • § 12412 State Appropriation Account Tracking
  • § 12412.1 State Budget Accounting Reports
  • § 12413 State Treasurer Account Management

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Government Code. Section 12424.
View Official Source