Title
(CO-15-06) Trial Court Allocations: Final Reduction Related to Statutory 1 Percent Cap on FY 2014-2015 Fund Balance Carryover
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Summary
Under Government Code section 77203(b), a trial court may carry over unexpended funds in an amount not to exceed 1 percent of the court’s operating budget from the prior fiscal year. The Judicial Council staff recommended approving a final reduction allocation of $392,853 related to the fund balance in fiscal year (FY) 2014-2015 and prior-year excluded funds, as required by Government Code section 68502.5(c)(2)(A).
Recommendation
The Judicial Council staff recommended that the Judicial Council adjust the preliminary 1 percent fund balance cap reduction allocation of $392,881 approved by the council in July 2015 by a net $29, for a final reduction allocation of $392,853, to match the trial courts’ final calculations of the amount above the 1 percent fund balance cap.