§ 29126 Budget Transfer Authority

Government Code·California

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Key Takeaways

•The board can cancel money they planned to spend if they don't need it anymore.
•They can move that canceled money to a special 'just in case' fund.
•If there's no 'just in case' fund, they can create one.

Example

A school board planned to spend $10,000 on new computers but found cheaper ones.

They can cancel the extra money and put it in a 'just in case' fund for unexpected costs, like fixing a broken school bus.

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

Official Source

View on CA.gov

§ 29126 Budget Transfer Authority

At any regular or special meeting the board may cancel any appropriation in whole or in part that is not needed and transfer the amount canceled to the appropriation for contingencies of the fund from which the appropriation was originally made if there is one, or to any appropriation for contingencies account, or fund, to which the amount canceled may be properly transferred. If there is no appropriation for contingencies in the respective fund, the board may establish one. (Repealed and added by Stats. 1963, Ch. 1209.)

Last verified: January 22, 2026

Key Terms

appropriation

References

Official text at leginfo.legislature.ca.gov
California Legislature. Government Code. Section 29126.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References