Title
Judicial Council Report to the Legislature: Cash-Flow Loans Made to Trial Courts in Fiscal Year 2015-2016 (Action Required)
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Summary
Judicial Council staff recommend approving the Cash-Flow Loans Made to Courts Pursuant to GC Section 68502.6 in Fiscal Year 2015-2016. Government Code section 68502.6(d) requires that Judicial Council staff report to the Legislature and the Department of Finance by August 30 on loans made to trial courts under Government Code section 68502.6.
Recommendation
Judicial Council staff recommend that the Judicial Council, effective July 29, 2016:
1. Approve Cash-Flow Loans Made to Courts Pursuant to GC Section 68502.6 in Fiscal Year 2015-2016 (Attachment A); and
2. Direct Judicial Council staff to submit the report to the Legislature and the Department of Finance.