topleft CSBA.org >  Services >  Governance Technology > 

Legal Resources | Government Code |  GC  7914  

Expenditure Limitations   

arrow Previous bar Next arrow

An appropriation for a "qualified capital outlay project," as used in subdivision (d) of Section 9 of Article XIII B of the California Constitution, means an appropriation for a fixed asset (including land and construction) with a useful life of 10 or more years and a value which equals or exceeds one hundred thousand dollars ($100,000).

(Added by Stats. 1990, Ch. 60, Sec. 7.)