California Code of Regulations
Title 2 - Administration
Division 2 - Financial Operations
Chapter 2 - State Controller
Subchapter 3 - Accounting Procedures for Special Districts
Article 10 - Redevelopment Agencies
Section 1115.4 - Project Funds

All activity of the redevelopment agency is accounted for by project. The standard funds and account groups applicable to governmental agencies are also applicable to redevelopment projects. Section 1116 lists and defines the minimum funds and account groups to be used by redevelopment projects. Should an activity of a redevelopment project meet the criteria established by GAAFR for use of other funds (e.g. Enterprise, Intragovernmental Service, Capital Projects, Trust and Agency, Special Revenue or Special Assessment) the agency may use such funds if approved in writing by the State Controller's Office.