Section 12300 Of Chapter 1. Delta Flood Protection Fund From California Water Code >> Division 6. >> Part 4.8. >> Chapter 1.
12300
. (a) The Delta Flood Protection Fund is hereby created in the
State Treasury. There shall be deposited in the fund all moneys
appropriated to the fund, including authorized proceeds from the sale
of bonds, and all income derived from the investment of moneys that
are in the fund.
(b) It is the intent of the Legislature to appropriate, in
accordance with Section 12938, twelve million dollars ($12,000,000)
each year through fiscal year 1998-99 to the Delta Flood Protection
Fund from moneys deposited in the California Water Fund pursuant to
subdivision (b) of Section 6217 of the Public Resources Code. It is
further the intent of the Legislature to appropriate annually moneys
in the Delta Flood Protection Fund to the department for expenditure
and allocation, without regard to fiscal years, in the following
amounts and for the following purposes:
(1) Six million dollars ($6,000,000) annually for local assistance
under the delta levee maintenance subventions program pursuant to
Part 9 (commencing with Section 12980), and for the administration
thereof.
(2) Six million dollars ($6,000,000) annually for special delta
flood protection projects under Chapter 2 (commencing with Section
12310) and subsidence studies and monitoring, and the administration
thereof. These funds shall only be allocated for projects on Bethel,
Bradford, Holland, Hotchkiss, Jersey, Sherman, Twitchell, and Webb
Islands, and at other locations in the delta and for the Towns of
Thornton and Walnut Grove and for approximately 12 miles of levees on
islands bordering the Northern Suisun Bay from Van Sickle Island
westerly to Montezuma Slough.
(3) Additional moneys as they may become available from proceeds
from the sale of bonds issued by the state.
(c) Any moneys unexpended at the end of a fiscal year shall revert
to the Delta Flood Protection Fund and shall be available for
appropriation by the Legislature for the purposes specified in
subdivision (b).
(d) It is the intent of the Legislature that, to the extent
consistent with Sections 12314, 12987, and 78543, projects funded
under subdivision (b) shall be consistent with the delta ecosystem
restoration strategy of the CALFED Bay-Delta Program.