§ 57411 Surplus Fund Distribution Rules

• •If there's extra money left in a special fund after paying debts, the local leaders can decide what to do with it.
• •The extra money can be given to schools, community colleges, or other local areas that were part of an old city.
• •The money can also be used to fix or improve streets in the same area.

A small town had a special fund for emergencies. After paying off all its debts, there was $100,000 left.

The town leaders can choose to give this extra money to local schools, a nearby community college, or use it to repair potholes and streets in the town.