California Code of Regulations
Title 2 - Administration
Division 2 - Financial Operations
Chapter 2 - State Controller
Subchapter 1 - Accounting Procedures for Counties
Article 3 - Funds
Section 921 - Funds

Universal Citation: 2 CA Code of Regs 921

Current through Register 2024 Notice Reg. No. 38, September 20, 2024

The following funds shall be used in all counties, whenever applicable:

(a) General Fund. The fund that is available for any authorized purpose and which is, therefore, used to account for all revenues and all expenditures not provided for in other funds.

(b) Special Revenue Funds. To account for the proceeds of specific revenue sources (other than special assessments, expendable trusts, or for major capital projects) that are legally restricted to expenditures for specified purposes.

The following special revenue funds shall be used in all counties, wherever applicable.

(1) Fish and Game Fund. The fund used to account for fines and forfeitures received under Section 13003 of the Fish and Game Code and their expenditure for the propagation and conservation of fish and game.

(2) Special Aviation Fund. The fund used to account for aviation fuel taxes apportioned to the county under Section 21683 of the Public Utilities Code and their expenditure for authorized aviation purposes.

(3) Tax Reduction Fund. The fund to account for all new revenues, other than property taxes, made available by the legislature for use by boards of supervisors, as authorized under Section 29520 of the Government Code.

(4) Road Fund. The fund used to account for state and local tax apportionments and other authorized revenues, the expenditure of which is restricted to street, road, highway and bridge purposes.

(5) County Library Fund. The fund used to account for taxes and other revenues restricted to the operation of county free libraries.

(6) County Fire Fund. The fund used to account for taxes and other revenues restricted for fire prevention.

(7) Special Road Nos. 1, 2, 3, 4 and 5. The fund used to account for taxes and other revenues restricted for use within the unincorporated area for the construction and maintenance of the county road system.

(c) Capital Projects Fund. To account for financial resources to be used for the acquisition or construction of major capital facilities (other than those financed by Enterprise, Internal Service, Special Assessments or Trust Funds.)

(d) Debt Service Funds. To account for the accumulation of resources for, and the payment of, general long-term debt principle and interest.

(e) Special Assessment Fund. To account for the financing of public improvements or services deemed to benefit the properties against which special assessments are levied.

(f) Enterprise Fund. One or more funds used to account for services furnished to the general public and which are financed primarily by charges for such services. These funds are considered as separate from the regular county operations and their accounting methods are geared toward profit or loss determination.

Activities eligible for enterprise fund accounting are:

(1) Airports

(2) Harbors

(3) Transit systems

(4) Waste disposal systems

(5) Parking lots

(6) Hospitals which have been formally declared general hospitals by the board of supervisors

(7) Golf courses

(8) Stadia

(9) Marinas

(10) Tennis centers

(11) Other similar recreational facilities

(12) Occupational health services

(g) Internal Service Funds. To account for services furnished to other county departments and which are financed primarily by charges for such services. Because they are divorced from the regular county operation, commercial accounting techniques may be used.

(h) Trust and Agency Fund. To account for assets held by a county in a trustee capacity or as an agent for individuals, private organizations, other governmental agencies, and/or other funds. Included are Expendable Trust Funds, Nonexpendable Trust Funds, Pension Trust Funds and Agency Funds.

Funds belonging to a special district which are required by law to be kept in the county treasury would be accounted for in a Trust and Agency Fund. County service area funds are classified as special district funds.

Funds belonging to a school district, including those funds which serve all school districts, which are required by law to be kept in the county treasury would be accounted for in a Trust and Agency Fund.

1. Repealer and new section filed 6-6-80; effective thirtieth day thereafter (Register 80, No. 23). For prior history, see Register 61, No. 15.

Note: Authority cited and Reference: Section 30200, Government Code.

Disclaimer: These regulations may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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