Section 85223 Of Article 3. Temporary Transfer, County To District, Excess Balances From California Education Code >> Division 7. >> Title 3. >> Part 50. >> Chapter 8. >> Article 3.
85223
. Upon the request of the board of governors, the auditor and
treasurer of a county or city and county shall make a temporary
transfer from any funds of the county or city and county not
immediately needed to pay claims against them to the general fund of
the newly organized community college district for the purpose of
meeting the current expense of the district until the district
receives its first state apportionments or district tax funds. Upon
making the transfer, the auditor shall immediately notify the
superintendent of schools of the county or the city and county of the
amount transferred.
The funds transferred under this section to the general fund of a
newly organized district shall be retransferred by the auditor and
the treasurer to the fund from which they were taken from the first
moneys accruing to the district after it becomes effective for all
purposes and before any other obligation of the district is paid from
the money accruing.