Section 42601 Of Article 1. Control Of Expenditures From California Education Code >> Division 3. >> Title 2. >> Part 24. >> Chapter 9. >> Article 1.
42601
. At the close of any school year a school district may, with
the approval of the governing board, identify and request the county
superintendent of schools to make the transfers between the
designated fund balance or the unappropriated fund balance and any
expenditure classification or classifications, or balance any
expenditure classifications of the budget of the district for that
school year as necessary to permit the payment of obligations of the
district incurred during that school year. For each elementary, high
school, and unified school district that, during the preceding school
year, had an average daily attendance less than the level, as
appropriate, specified in subdivision (a) of Section 41301, the
county superintendent of schools, with the consent of the governing
board of the school district, may identify and make the transfers,
and shall so notify the districts.