Section 16400.
Cal. Government Code - GOV § 16400.
in effect(a)
Any state agency for which an appropriation is made, may, without at the time furnishing vouchers and itemized statements, draw from that appropriation for use as a revolving fund any of the following:
(1)
A sum not to exceed 3 percent of the total amount of the appropriation.
(2)
With the approval of the Director of Finance, a sum in excess of 3 percent but not in excess of 10 percent of the total amount of the appropriation.
(3)
With the approval of the Director of Finance and the Controller, a sum in excess of 10 percent of the total amount of the appropriation.
(b)
With the approval of the Director of Finance, any deficiency or shortfall in a state agency’s revolving fund established pursuant to subdivision (a) may be replenished from an existing appropriation designated by the agency.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026